Bloomberg News

New Zealand Commodity Export Prices Fall 0.8%, ANZ Bank Says

January 12, 2012

Jan. 12 (Bloomberg) -- New Zealand’s commodity export prices fell for a seventh month, according to an ANZ National Bank Ltd. index.

Prices fell 0.8 percent from November, ANZ National said in a report released in Wellington today. The index gained 3.1 percent from December 2010.

After adjusting for a little-changed New Zealand dollar, prices fell 0.6 percent from November and gained 1.2 percent from December 2010, ANZ National said.

To contact the reporter on this story: Tracy Withers in Wellington at twithers@bloomberg.net

To contact the editor responsible for this story: Stephanie Phang at sphang@bloomberg.net


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