Construction to serve as bellwether for fuel price reaction
The sector, pulling itself up out of several years of constrained spending, is facing another significant threat.
Construction, most exposed to fuel price shock.
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Brent crude, the global oil price benchmark, was at US$111 per barrel on Tuesday, up 54% on the US$72 per barrel level in late February, when the US and Israel launched their first barrage against Iran.
New Zealand remains reliant on oil. Data from the Ministry of Business, Innovation and
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