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

Eren Sengezer FXStreet

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.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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