New Zealand PPI Input Rises Less Than Expected in Q2

2025-11-18 21:55 By Felipe Alarcon 1 min. read

Producer input prices in New Zealand rose by 0.2% quarter-on-quarter in the three months to September 2025, after a 0.6% gain in the previous quarter and way below expectations for a 0.9% increase.

The largest contributions came from electricity and gas supply, which fell 19.1%, followed by meat and meat product manufacturing at 8.2%, and dairy product manufacturing at 1.7%.

Mixed sectoral movements left overall input costs rising modestly, signaling moderated underlying price pressures.



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New Zealand PPI Input Rises Less Than Expected in Q2
Producer input prices in New Zealand rose by 0.2% quarter-on-quarter in the three months to September 2025, after a 0.6% gain in the previous quarter and way below expectations for a 0.9% increase. The largest contributions came from electricity and gas supply, which fell 19.1%, followed by meat and meat product manufacturing at 8.2%, and dairy product manufacturing at 1.7%. Mixed sectoral movements left overall input costs rising modestly, signaling moderated underlying price pressures.
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