New Zealand PPI Output Rises in Q2

Producer output prices in New Zealand rose by 0.6% quarter-on-quarter in the September quarter of 2025, unchanged from a 0.6% gain in the previous quarter. The increase was supported by broad-based movements across sectors, with the largest contributions coming from sheep, beef cattle, and grain farming (up 10.3%), followed by fruit, oil, cereal and other food product manufacturing up 5.7%, while electricity and gas supply fell 11.5%.

Producer output prices in New Zealand rose by 0.6% quarter-on-quarter in June quarter of 2025, slowing from a 2.1% gain in the previous quarter. The rise was supported by broad-based gains across sectors, with the largest contributions coming from electricity, gas, water, and waste services, which rose 6.2%, followed by agriculture, forestry, and fishing at 0.9%, and manufacturing at 0.3%.

Producer output prices in New Zealand rose by 2.1% quarter-on-quarter in Q1 2025, reversing a 0.1% decline in the previous quarter and marking the strongest increase since Q2 2022. The rise was supported by broad-based gains across sectors, led by electricity, gas, water, and waste services (26.2%), manufacturing (2.3%), and rental, hiring, and real estate services (1.4%).