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Auckland house prices dip in July, but sales volumes jump, REINZ says
By Paul McBeth Aug. 13 (BusinessDesk) - New Zealand house sales stepped up to an unseasonally high volume in July, although there was a pause in the rocketing upward trend for Auckland house prices, where the median house price fell by 2.6 percent to $735,000, compared to June...
NZ food prices gain in July, on more expensive veggies, fruit and meat
By Suze Metherell Aug. 13 (BusinessDesk) - New Zealand food prices rose in July, snapping three months of decline, as more expensive fruit, vegetables and meat offset a decline in grocery prices. The food price index rose a seasonally adjusted 0.5 percent in July, after fal...
NZ manufacturing activity slows in July as dairy woes weigh
By Paul McBeth Aug. 13 (BusinessDesk) - New Zealand's manufacturing activity expanded at a slower pace in July as a downturn in the dairy sector started to weigh on industrial production, despite the support a weaker kiwi dollar offers exporters. The BNZ-BusinessNZ performa...