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16.11.201717:01:00UTC+00New Zealand Producer Price Output Climbs 1.0%

The output producer price index in New Zealand was up 1.0 percent on quarter in the third quarter of 2017, Statistics New Zealand said on Friday.

That followed the 1.3 percent increase in the previous three months.

The input producer price index also advanced 1.0 percent on quarter, slowing from 1.4 percent in the three months prior.

PPI outputs were up mainly due to electricity prices and dairy cattle farming, the bureau said, while PPI inputs were up mainly due to dairy product manufacturing and electricity prices.



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