NZ producer prices fall in fourth quarter on dairy products, weaker crude oil

Wed, 18 Feb 2015

By Jonathan Underhill Feb. 19 (BusinessDesk) - New Zealand producer prices fell in the fourth quarter, reflecting the decline in prices of dairy products and crude oil, while livestock and meat prices rose. Input prices, which are the prices paid by producers for raw materials, fell 0.4 percent in the fourth quarter, while output prices slipped 0.1 percent, according to Statistics New Zealand. Input prices fell 1.9 percent in the fourth quarter from a same period of 2013, while output prices declined 0.8 percent. Global dairy prices sl...

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