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PPI inputs 1.1% q/q

PPI Outputs 1.4% q/q

  • expected 2.3% q/q, before 1.8%

Details from Stats NZ on lower PPIs for the last quarter of 2021:

In the December 2021 quarter compared to the September 2021 quarter:

  • the producer price index (PPI) increased by 1.4%
  • Input PPI increased by 1.1%
  • The Agricultural Expenditure Price Index (FEPI) increased by 2.7%
  • the capital goods price index (ICPC) increased by 2.9%.

The main contributions from the production industry came from:

  • electricity and gas supply down 17.6%
  • dairy cattle breeding, up 9.2%
  • building construction, up 3.1%.

The main contributions from the input industry came from:

  • electricity and gas supply down 20.8%
  • manufacturing of dairy products, up 7.7%
  • building construction, up 1.8%.


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