Producer input prices in New Zealand decreased to 0.80 percent in the third quarter of 2022 from 3.10 percent in the second quarter of 2022. Higher prices paid by the meat and meat product manufacturing (up 6.2 percent), building construction (up 2.3 percent), and construction services (up 2.8 percent) industries were the largest contributors to the increase in prices paid by producers. Offsetting this was a fall of 23.2 percent in prices paid by producers in the electricity and gas supply industry. source: Statistics New Zealand

PPI Input in New Zealand averaged 1.19 percent from 1978 until 2022, reaching an all time high of 6.60 percent in the second quarter of 1979 and a record low of -2.50 percent in the first quarter of 2009. This page includes a chart with historical data for New Zealand PPI Input QoQ. New Zealand PPI Input QoQ - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.

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New Zealand PPI Input QoQ



Calendar GMT Actual Previous Consensus TEForecast
2022-08-16 10:45 PM Q2 3.1% 3.6%
2022-11-16 09:45 PM Q3 0.8% 3.1% 3.6%
2023-02-20 09:45 PM Q4

New Zealand PPI Input QoQ
In New Zealand, the PPI input indexes measure price changes in the current costs of production within the economy. The definition of current costs of production is consistent with intermediate consumption. The input indexes cover: purchase of materials; fuels and electricity; transport and communication; commission and contract services; rent and lease of land, buildings, vehicles, and machinery; business services; insurance premiums less claims; financial intermediation services.
Actual Previous Highest Lowest Dates Unit Frequency
0.80 3.10 6.60 -2.50 1978 - 2022 percent Quarterly
NSA

News Stream
New Zealand PPI Inputs Cool Off as Gas Prices Fall
Producer input prices in New Zealand decreased to 0.80 percent in the third quarter of 2022 from 3.10 percent in the second quarter of 2022. Higher prices paid by the meat and meat product manufacturing (up 6.2 percent), building construction (up 2.3 percent), and construction services (up 2.8 percent) industries were the largest contributors to the increase in prices paid by producers. Offsetting this was a fall of 23.2 percent in prices paid by producers in the electricity and gas supply industry.
2022-11-16
New Zealand Producer Price Growth Eases in Q2
Producer input prices in New Zealand increased 3.1% quarter-on-quarter in the three months to June 2022, remaining positive for the eight straight quarter but slowing from a 3.6% rise in the March quarter. Main upward pressures came from prices paid by electricity & gas supply (9.4%), building construction (4.2%) and construction services (3.9%). The June 2022 quarter also saw the largest single quarter increases in the capital goods and farm expenses price indexes in their respective series dating back to the early 1990s. The capital goods price index showed a quarterly 3.7% increase, strongly driven by the price increases for the construction of new buildings. The farm expenses price index showed a quarterly 4.8% increase amid higher fuel and fertilizer prices, while rising interest rates have also been a significant factor.
2022-08-17
New Zealand Producer Prices Accelerate in Q1
Producer input prices in New Zealand increased 3.6 percent quarter-over-quarter in the first three months of 2022, advancing from an upwardly revised 1.2 percent rise in the previous period. Main upward pressure came from mining (3.7 percent vs 2.1 percent in Q4), electricity, gas, water, and waste services (25.5 percent vs -17.3 percent); construction (3.8 percent vs 2.1 percent); and retail trade and accommodation (2.1 percent vs 0.3 percent). Meanwhile, output prices rose 2.6 percent, accelerating from a 1.5 percent gain in the previous quarter, mostly underpinned by prices in manufacturing (4.7 percent vs 2.2 percent); construction (3.3 percent vs 2.8 percent); and electricity, gas, water, and waste services (15.1 percent vs -13.8 percent).
2022-05-18