NZ producers’ prices fall in fourth quarter on lower electricity demand

Wed, 19 Feb 2014

Feb. 20 (BusinessDesk) – New Zealand producers’ input and output prices fell in the fourth quarter, driven by lower electricity prices as demand softened during warmer summer weather and lake levels remained high. Producer output prices, which measures the prices received by New Zealand producers, fell 0.4 percent in the final three months of 2013, according to Statistics New Zealand. Input prices, representing the prices of goods and services used by New Zealand producers, fell 0.7 percent in the quarter. The output price index for electric...

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