Producer input prices in New Zealand remained unchanged on a quarterly basis in the three months to December 2020, dropping from a 0.6 percent increase in the prior period. Dairy product manufacturing rose 2.2 percent, while meat and meat product manufacturing fell 0.8 percent. Meanwhile, petroleum and coal product manufacturing fell 5.5 percent (vs. +12.2 percent in Q3). Meantime, output prices rose 0.4 percent for the fourth quarter, mainly nudged by a 2.7 percent increase in prices of dairy cattle farming. source: Statistics New Zealand
Producer Prices in New Zealand averaged 717.71 points from 1977 until 2020, reaching an all time high of 1168 points in the fourth quarter of 2019 and a record low of 165.78 points in the fourth quarter of 1977. This page provides - New Zealand Producer Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Producer Input Prices - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Producer Prices in New Zealand is expected to be 1162.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices in New Zealand to stand at 1170.00 in 12 months time. In the long-term, the New Zealand Producer Input Prices is projected to trend around 1173.00 points in 2021 and 1180.00 points in 2022, according to our econometric models.