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Producers Price Index: March 2012 Quarter Key Facts

Producers Price Index: March 2012 Quarter Key Facts

In the March 2012 quarter, compared with the December 2011 quarter:

Prices received by producers (outputs) fell 0.1 percent.
• Manufacturing was the key contributor to the fall, with meat and dairy product prices down.
• Sheep, beef, and dairy farming output prices were down.
• Electricity and gas supply prices were up 6.9 percent.

Prices paid by producers (inputs) rose 0.3 percent.
• Higher electricity generator prices were the largest contributor to the inputs PPI.
• Food manufacturers paid lower prices for livestock and milk. The manufacturing inputs price index was down 1.2 percent.

In the March 2012 quarter, compared with the March 2011 quarter:
• The prices received by producers rose 16 percent.
• The prices paid by producers rose 2.3 percent.

Attached is information about the statistics released today.

Media release (pdf)

Information release (pdf)

Tables (xls)
http://img.scoop.co.nz/media/pdfs/1205/fepimar12qtrtables.xls

ENDS

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