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Annual inflation rate rises to 7.4pct in January 2024

The annual inflation rate rose to 7.4% in January 2024, from 6.61% in December, as food prices increased 5.64%, non-food prices went up 7.36%… ....

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Fletcher Building chief Ross Taylor: Why convention centre cost him his job

“I’ve never seen anything like it my 40 years in this industry, all that complexity,” he said after announcing the $120 million loss for the half-year to. ....

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gold prices: RBI's gold purchases in 2023 fell to lowest level in 6 years

The Reserve Bank of India (RBI) reduced its gold purchases in 2023, marking the lowest level since it began accumulating gold in 2017, due to a strong US dollar. By December 2023, the RBI s gold holdings increased to 25.84 million troy ounces, up from 25.32 million troy ounces a year earlier. This slight increase contrasts with previous years when larger quantities were added. The RBI s gold accumulation strategy, initiated in 2017, aimed to diversify its foreign exchange reserves. ....

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Lee Mielke: Benchmark milk price drops 87 cents | Dairy

The Agriculture Department lowered its milk production forecast for the fourth time in its latest World Agriculture Supply and Demand Estimates report. The 2024 forecast was reduced due to lower ....

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All but two KiwiSaver funds produced positive returns in December quarter – Morningstar

All but two KiwiSaver funds produced positive returns in the December 2023 quarter – research firm Morningstar said. Morningstar said the average multisector. ....

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