Home NZ: Output producers price index (PPI) rose 0.8% in Q4 vs 0.6% expected
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NZ: Output producers price index (PPI) rose 0.8% in Q4 vs 0.6% expected

Stats NZ on Wednesday reported that the output producers price index (PPI) rose 0.8% in the fourth quarter and came in  above the market expectation of 0.6%.

Key takeaways from the press release

  • The input PPI rose 1.6 percent.
  • The farm expenses price index (FEPI) rose 1.5 percent.
  • The capital goods price index (CGPI) rose 0.5 percent.

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