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

 

Producers' Output Prices Fall 0.1 Percent


Producers' Output Prices Fall 0.1 Percent

Producers' output prices fell 0.1 percent while input prices rose 0.3 percent in the December 2002 quarter, according to Statistics New Zealand's Producers Price Index (PPI).

The most significant contributions to the 0.1 percent fall in output prices came from the dairy product manufacturing index (down 4.7 percent), primarily influenced by lower prices for other dairy products (excluding milk, cream and ice cream); and the meat and meat product manufacturing index (down 3.6 percent). The overall fall in the PPI outputs index was partly offset by rises in the wholesale trade index (up 1.0 percent), and the petroleum, coal and basic chemical manufacturing index (up 4.0 percent).

The 0.3 percent rise in input prices was driven by the other food manufacturing index (up 2.3 percent), resulting from higher wheat flour prices; and a 0.6 percent rise in the wholesale trade index. The overall increase in the PPI inputs index was partly dampened by falls in the meat and meat product manufacturing index (down 1.5 percent); and the electricity generation and supply index (down 1.0 percent).

Brian Pink

Government Statistician


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Elsewhere:


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>

ALSO:


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>

ALSO:

Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>