Producer input prices in New Zealand soared 3 percent on quarter in the three months to June of 2021, accelerating from 2.1 percent in the previous period. Main upward pressure came from electricity and gas (17 percent), petroleum and coal product manufacturing (19.8 percent) and meat and meat product manufacturing (6.2 percent). Meantime, output prices rose 2.6 percent, mainly due to cost of dairy product manufacturing (13.8 percent); electricity and gas supply (14.3 percent) and petroleum and coal product manufacturing (16.3 percent). source: Statistics New Zealand
Producer Prices in New Zealand averaged 725.81 points from 1977 until 2021, reaching an all time high of 1222 points in the second quarter of 2021 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 September of 2021.
Producer Prices in New Zealand is expected to be 1177.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Producer Input Prices is projected to trend around 1205.00 points in 2022 and 1226.00 points in 2023, according to our econometric models.