Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Producers' Output And Input Prices Rise

Producers Price Index: June 2002 quarter

28 August 2002

Producers' Output And Input Prices Rise

Producers' output and input prices both increased in the June 2002 quarter, according to Statistics New Zealand's Producers Price Index (PPI). The PPI outputs index, which measures changes in prices received by producers, rose 0.5 percent in the June 2002 quarter. The PPI inputs index, which measures changes in the price of inputs to production, rose 0.1 percent in the same period.

The main upward contributions to the rise in the PPI outputs index came from the outputs indexes for wholesale trade and finance. The wholesale trade index recorded an increase of 1.4 percent in the June 2002 quarter, partly due to higher fuel prices.

The construction inputs index, which recorded an increase of 1.4 percent, made the most significant upward contribution to the rise in the PPI inputs index in the June 2002 quarter. The increase in the construction index was mainly due to higher fuel prices pushing up the inputs indexes for construction trade services and non-building construction. The overall rise in producers' input prices was dampened by decreases in a number of inputs indexes, including meat and meat product manufacturing (down 5.3 percent) and electricity generation and supply (down 3.0 percent).

On an annual basis, the PPI outputs index rose 2.3 percent from the June 2001 quarter to the June 2002 quarter. The PPI inputs index increased 1.5 percent over the same period.

Brian Pink Government Statistician END

© Scoop Media

Business Headlines | Sci-Tech Headlines


Mycoplasma Bovis: More Properties Positive

One of the latest infected properties is in the Hastings district, the other three are within a farming enterprise in Winton. The suspect property is near Ashburton. More>>


Manawatū Gorge Alternative: More Work Needed To Choose Route

“We are currently working closely and in partnership with local councils and other stakeholders to make the right long-term decision. It’s vital we have strong support on the new route as it will represent a very significant long-term investment and it will need to serve the region and the country for decades to come.” More>>


RBNZ: Super Fund Chief To Be New Reserve Bank Governor

Adrian Orr has been appointed as Reserve Bank Governor effective from 27 March 2018, Finance Minister Grant Robertson says. More>>


ScoopPro: Helping PR Professionals Get More Out Of Scoop has been a fixture of New Zealand’s news and Public Relations infrastructure for over 18 years. However, without the financial assistance of those using Scoop in a professional context in key sectors such as Public Relations and media, Scoop will not be able to continue this service... More>>

Insurance: 2017 Worst Year On Record For Weather-Related Losses

The Insurance Council of New Zealand (ICNZ) announced today that 2017 has been the most expensive year on record for weather-related losses, with a total insured-losses value of more than $242 million. More>>