Diesel price up near 100% as Iran war bites manufacturers
The cracks are starting to show as businesses feel the cost pressure of the conflict.
In the two months since February, petrol has increased 33.6% and diesel 94.9% in value.
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New Zealand manufacturers are reporting a sharp bite from escalating fuel costs, as diesel surges nearly 100% in price.
The BNZ-BusinessNZ Performance of Manufacturing Index, out today, showed the sector was only marginally in expansion territory in April at 50.5. That was down from 52.8 in March
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