4 May 2015

Commodity prices take a tumble

4:18 pm on 4 May 2015

Commodity prices fell 7.4 percent in April - the biggest monthly drop since the financial crisis.

The ANZ Commodity Price Index shows the prices for the country's exports are 15 percent lower than April last year, and 18 percent lower than their peak in February 2014.

Dairy product prices led the declines, down 15.2 percent, and were one-third lower than they were 12 months ago.

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