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New Zealand Q2 Producer Price Inputs Rise 0.3% On Quarter

Producer price inputs in New Zealand were up 0.3 percent on quarter in the second quarter of 2019, Statistics New Zealand said on Monday – following the 0.9 percent drop in the three months prior.

Producer price outputs advanced 0.5 percent on quarter after sliding 0.5 percent in the previous three months.

On a yearly basis, PPI inputs were up 2.4 percent and outputs climbed 2.2 percent.

Capital goods prices gained 0.9 percent on quarter and 3.1 percent on year, while prices paid by farmers fell 0.1 percent on quarter and rose 2.5 percent on year.

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