Imports up—Labour
PA Wellington Manufacturers were obviously increasing their import orders, the Opposition’s finance spokesman, Mr Roger Douglas, said last evening. Mr Douglas made his comment after figures were released showing that payments for private imports were expected to average $452 million a month from July to September. He said that imports were up slightly on the three months ended June.
Manufacturers expected an election year upturn, and more buoyant conditions resulting from the very large deficit in Budget, he added.
Overseas Exchange Transaction statistics re-
leased recently suggested that the rapid improvement in export receipts was nearing its end “due to the elimination of large stocks of meat and wool.” “While the receipts from
the methanol and ammonia urea projects would boost exports, these would not compensate for increases in imports that were going to be - felt over the next year.”
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19830819.2.45
Bibliographic details
Press, 19 August 1983, Page 4
Word Count
142Imports up—Labour Press, 19 August 1983, Page 4
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in