Imports rise 14pc in January says Stats NZ
The total value of goods imported in January increased 14 per cent to $396m from January 2010, to a montly total of $3.3b, said Stats NZ this morning.
The total value of goods imported in January increased 14 per cent to $396m from January 2010, to a montly total of $3.3b, said Stats NZ this morning.
The price of milk powder rose to the highest level since Fonterra began its online auctions in July 2008 in last night's auction.
Finalising a new transtasman investment agreement is on the agenda in talks between Julia Gillard and John Key.
World dairy prices have continued to surge in Fonterra's latest online global dairy auction, rising 7.2 per cent overnight.
Last year was a challenging one for Paul Holmes and his olive oil brand - as it was for the whole food industry.
Exports were up 19 per cent in November with the annual trade balance for that month a surplus of $1.3 billion - the first since 2001.
Eastern Australia's sopping wet summer has set the scene for an "explosion" of imported New Zealand produce.
The Closer Economic Partnership Agreement between NZ and Hong Kong came into force on Saturday, making cuts to remaining NZ tariffs.
Gross domestic product figures released this morning show NZ came close to a double-dip recession this year.