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NZ commodity prices inch up in March, dairy struggles- ANZ bank

Published 05/04/2017, 11:03 am
Updated 05/04/2017, 11:10 am
© Reuters. NZ commodity prices inch up in March, dairy struggles- ANZ bank

WELLINGTON, April 5 (Reuters) - Prices for New Zealand's main commodities rose 0.4 percent in March led by gains in meat and forestry, ANZ Bank's commodity price index showed on Wednesday.

On an annual basis the index was up 23 percent, compared with a 20.9 percent rise the month before.

Dairy products, the country's biggest export earner, were down 1.8 percent. Meat led gains, climbing 3.8 percent while forestry increased 1.2 percent.

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