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Business Price Indexes: March 2017 quarter
Embargoed until 10:45am  –  17 May 2017
Key facts

In the March 2017 quarter:

  • The output producers price index (PPI) rose 1.4 percent.
  • The input PPI rose 0.8 percent.
  • PPI outputs were up mainly due to dairy product manufacturing.
  • PPI inputs were up mainly due to petroleum and coal product manufacturing.
  • The farm expenses price index (FEPI) rose 0.5 percent.
  • The capital goods price index (CGPI) rose 0.4 percent.
Price indexes: March 2017 quarter

Quarterly change %

Annual change %

Prices received by producers (output PPI)

1.4

4.1

Prices paid by producers (input PPI)

0.8

4.2

Prices paid by farmers (FEPI)

0.5

0.6

Capital goods prices (CGPI)

0.4

3.3

Salary and wage rates, including overtime (LCI)

0.4

1.6

Prices paid by consumers (CPI)

1.0

2.2

 

Price indexes: December 2016 quarter

Quarterly change %

Annual change %

Export prices for goods (overseas trade index)

4.8 P

-0.4 P

Import prices for goods (overseas trade index)

-0.8 P

-6.6 P

Symbol: P provisional    

 

 

 

Producers price index reweight

In the March 2017 quarter we implemented the annual PPI reweight.

See Producers price index weights  for the updated Excel tables of industry weights and industry-by-commodity weights.

Your feedback

We'd like your comments and feedback about the business price indexes (BPI), including the PPI, CGPI, and FEPI. In particular:

  • How do you use the BPI?
  • What suggestions do you have for improvements to the BPI?

Please contact us by email: angus.crowe@stats.govt.nz
Phone: 0508 525 525 (toll free in New Zealand)

Liz MacPherson, Government Statistician
ISSN 2423-0340 
17 May 2017 

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