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


Farm Input Prices Rise 0.3 Percent

Farm Expenses Price Index: March 2004 quarter — 25 May 2004

Farm Input Prices Rise 0.3 Percent

The Farm Expenses Price Index (FEPI) rose 0.3 percent in the March 2004 quarter, according to Statistics New Zealand. In the year from the March 2003 quarter to the March 2004 quarter, the FEPI fell 1.4 percent.

The most significant upward contribution to the rise in the FEPI in the latest quarter came from the repairs, maintenance and motor vehicle repairs index, which rose 1.2 percent on the back of higher material and labour costs. Other upward contributions came from a 1.1 percent rise in the index for interest rates, and a 0.6 percent rise in the livestock purchases index. Prior to this quarter's increase, the livestock purchases index had recorded six consecutive quarterly decreases.

A 1.1 percent fall in the fertiliser, lime and seeds index was the only significant downward influence on the FEPI in the March 2004 quarter. Respondents cited the appreciation of the exchange rate as the driving factor behind the movement in this index. The FEPI excluding livestock rose 0.4 percent in the March 2004 quarter. Brian Pink Government Statistician


© Scoop Media

Business Headlines | Sci-Tech Headlines


Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>


Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>