EXPORT PRICES FALL
Australian export prices for the year ended June 30 were 16.6 per cent, below the level of 1937-38, according to the index number prepared by the Commonwealth Statistician, Dr. Roland Wilson. Indicating that the downward curve has flattened, the average price level of exports for June was 9.7 per cent, below that of June, 1938. Based on the average for 1928, the June average was 64.8 per cent, compared with 63.0 per cent, for May and 69.7 per cent, for June. 1938. The increase in June was the .first since January. Increases of 1 per cent, in mutton, 7 per cent, in lamb, 6 per cent, in wool, 6 per cent, in butter, and 4 per cent, in spelter outweighed decreases of 5 per cent, in wheat, 7 per cent, in sugar, and 4 per cent, in silver. The fall in prices since the post-depression peak in April, 1937, has been 35 per cent, compared with a decline from the 1928 price level of 43 per cent, recorded during the depression years of 1931 and 1932.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19390804.2.146.22
Bibliographic details
Evening Post, Volume CXXVIII, Issue 30, 4 August 1939, Page 12
Word Count
179EXPORT PRICES FALL Evening Post, Volume CXXVIII, Issue 30, 4 August 1939, Page 12
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. 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.
Log in