New Zealand Q1 PPI inputs and outputs both higher q/q ...Middle East

PPI Input +2.9% q/q

prior -0.9%

prior –0.1%

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The largest output industry contributions were from:

electricity, gas, water and waste services, up 26.2 percentmanufacturing, up 2.3 percentrental, hiring and real estate services, up 1.4 percent.

electricity, gas, water and waste services, up 49.4 percentmanufacturing, up 1.7 percentconstruction, up 0.6 percent.

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PPI Outputs:

The PPI Outputs measure the average prices received by New Zealand producers for goods and services they produce and sell. This could be to other businesses (intermediate consumption) or to final consumers.cover various industries such as agriculture, manufacturing, construction, and services, among othersrising PPI Outputs index can indicate increasing inflationary pressure as producers are getting higher prices for their goods and services. However, they might not necessarily pass these increases on to consumers

PPI Inputs:

The PPI Inputs, on the other hand, measure the average prices paid by New Zealand producers for their inputs — the raw materials, services, and capital goods they use to produce their goods and services.These inputs can be sourced domestically or imported.When the PPI Inputs index is rising, it suggests that producers are facing higher costs, which might eventually lead to higher prices for consumers if the producers pass these costs on through higher output prices. This article was written by Eamonn Sheridan at www.forexlive.com.

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