Producer input prices in New Zealand jumped 2.1 percent on quarter in the three months to March 2021, following a revised 0.1 percent increase in the prior period. It was the sharpest rise in producer input prices since the third quarter of 2013, with the main contribution coming from electricity and gas supply (28.7 percent), dairy product manufacturing (4.7 percent) and petroleum and coal product manufacturing (9.3 percent). Meantime, output prices rose 1.2 percent for the first quarter, as prices of electricity and gas supply jumped 14.4 percent. source: Statistics New Zealand
Producer Prices in New Zealand averaged 722.96 points from 1977 until 2021, reaching an all time high of 1186 points in the first 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 July of 2021.
Producer Prices in New Zealand is expected to be 1172.00 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 1183.00 in 12 months time. 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.