Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search


Lower electricity prices are key to PPI fall

Lower electricity prices are key to PPI fall – Media release

20 February 2014

Prices received by New Zealand producers, as measured by the output producers price index (PPI), fell 0.4 percent in the December 2013 quarter, Statistics New Zealand said today. The input PPI, representing the prices of goods and services used by New Zealand producers, fell 0.7 percent in the same quarter.

“Lower electricity prices, influenced by lower demand in summer months and higher lake levels, contributed to both the lower input and output PPIs in the latest quarter,'' prices manager Chris Pike said. The electricity and gas supply output price index has consistently fallen in December quarters since 2006.

The output electricity and gas supply price index fell 8.7 percent, while the input price index fell 9.8 percent in the December 2013 quarter.

In the year to the December 2013 quarter, the output electricity and gas supply index increased 1.6 percent, while the input index decreased 3.1 percent.

The dairy cattle farming output price index was unchanged in the December 2013 quarter. The output prices for dairy product manufacturing fell 0.2 percent. Dairy product manufacturers received lower export prices for butter and cheese.

In the year to the December 2013 quarter, the output PPI was up 3.8 percent, while the input PPI rose 2.8 percent.

Producers Price Index: December 2013 quarter




© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines



Australia Deportations: English Relaxed On Immigration Centre Conditions

Labour's Annette King: “There have been numerous reports from inside these detention centres on just how bad conditions are... If they were being held in any other foreign jail, I imagine Mr English would be somewhat concerned. More>>


Schools: Achievement-Based Funding Would Be A Disaster

The Education Minister’s speech to the PPTA Conference raising the spectre of achievement data driving a new funding system would be disastrous, says NZEI Te Riu Roa. More>>

  • Video Out-Link - PPTA Annual Conference 2015 on Livestream (Q+A dicussion suggests funding would be directed to less successful schools.)

  • ALSO:

    ECE Report:

    Key In NY: Prime Minister Addresses United Nations

    Prime Minister John Key has addressed the United Nations General Assembly in New York, focusing on a call for action in Syria and on other conflicts, reform of the veto process and on the UN’s Sustainable Development Goals. More>>.


    Gordon Campbell: On The Lack Of Accountability Over Philip Smith

    In New Zealand, accountability is an exotic creature rarely glimpsed at ministerial level, or among senior management. The flight to Rio by the paedophile /murderer Philip John Smith/Traynor is no exception. More>>


    More On Corrections

    Gordon Campbell: On Putin’s Diplomatic Coup Over Syria

    There’s a simple historical precedent for what is occurring in Syria. During WWII, the Allies joined forces with a known butcher and tyrant – Joseph Stalin of the Soviet Union – in order to defeat a greater evil, Nazi Germany… More>>


    Key 'Didn't Know': Brownlee Seeks Pandas In China

    While Defence Minister Gerry Brownlee is in China pushing a taxpayer funded deal to bring two pandas to New Zealand, the country’s military look set to be hit with a pay freeze, Opposition Leader Andrew Little says. More>>


    Scoop Business: GCSB Willing To Extend Cyber-Attack Programme To Local ISPs

    The Government Communications Security Bureau’s ‘Cortex’ cyber-security programme has been successful in helping identify and mitigate a series of cyber attacks since its introduction and an extension to cover local internet service providers is still on the cards... More>>


    Get More From Scoop



    Search Scoop  
    Powered by Vodafone
    NZ independent news