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Capital goods prices in New Zealand slid 0.2% quarter-on-quarter in the December quarter, slower than the 0.4% fall in the previous quarter, Statistics New Zealand said on Tuesday.
The plant, machinery & equipment index fell 1.1% while the non-residential buildings index was down 1%.
The capital goods price index increased 0.9% in the December quarter compared to a year ago, which is the lowest annual increase since the September 2003 quarter.
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