Download Economic Update for the Primary Industries June 2020

Under normal circumstances, MPI would have released a new edition of the situation and outlook for primary industries (SOPI) report in June 2020. However, the COVID-19 pandemic means the situation changes on an almost daily basis. The outlook for our sectors is more uncertain than ever before so we decided to delay the release of our usual forecasting document. Instead, MPI has prepared a report on how COVID-19 has disrupted New Zealand's primary industry exports. This shows that, in general, primary sector exports are holding up well. This is primarily due to the New Zealand dollar weakening against the United States dollar.