Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Farm Input Prices Rise

Farm Expenses Price Index: December 2001 quarter


Farm Input Prices Rise

According to the latest figures from Statistics New Zealand, the Farm Expenses Price Index increased 0.3 percent in the December 2001 quarter, compared with the September 2001 quarter. The index is now 4.7 percent higher than in the December 2000 quarter.

A 3.6 percent rise in livestock prices contributed significantly to the overall increase in farm expenses in the December 2001 quarter. This is the eleventh consecutive quarterly increase and the livestock purchases index is now 65.9 percent higher than in the March 1999 quarter. When livestock prices are excluded, farm input prices fell 0.2 percent in this quarter compared with the previous quarter.

In the December 2001 quarter, price increases in the following also contributed to the overall rise in farm input prices: local and central government rates and fees, wages and salaries, and animal health and breeding. The overall increase in farm input prices was dampened by a 4.1 percent decrease in the interest rates index.

Brian Pink Government Statistician END

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop 3.0: How You Can Help Scoop’s Evolution

We have big plans for 2018 as we look to expand our public interest journalism coverage, upgrade our publishing infrastructure and offer even more valuable business tools to commercial users of Scoop. More>>


Statistics: Butter At Record $5.67/Block; High Vegetable Prices

Rising dairy prices have pushed food prices up 2.7 percent in the year to October 2017, Stats NZ said today. This followed a 3.0 percent increase in the year to September 2017. More>>

ALSO:

Science: New Research Finds Herbicides Cause Antibiotic Resistance

New University of Canterbury research confirms that the active ingredients of the commonly used herbicides, RoundUp, Kamba and 2,4-D (glyphosate, dicamba and 2,4-D, respectively), each alone cause antibiotic resistance at concentrations well below label application rates. More>>

ALSO:

CO2 And Water: Fonterra's Environment Plans

Federated Farmers support Fonterra’s bold push to get to zero emissions of CO2 on the manufacturing side of the Co-operative, both in New Zealand and across its global network. More>>

ALSO:

Fisheries: Decision To Delay Monitoring ‘Fatally Flawed’

Conservation group representatives say a decision by the new Minister of Fisheries, Stuart Nash, to delay implementation of camera monitoring of fishing efforts in New Zealand is ‘fatally flawed’. More>>

ALSO:

Kaikōura Quakes: One Year On

State Highway One and the railway were blocked by damage and slips and the Inland Road suffered significant damage. Farms, homes and businesses suffered building and land damage. Power and internet went down, drinking water systems, sewage systems and local roads were all badly affected... More>>

ALSO:

 
 
 
 
 
 
 
 
  • Bill Bennett on Tech