In the March 2012 quarter, compared with the December 2011 quarter:
| Prices received by producers (outputs) fell 0.1 percent. |
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Prices paid by producers (inputs) rose 0.3 percent. |
- Manufacturing was the key contributor to the fall, with meat and dairy product prices down.
- Sheep, beef, and dairy farming output prices were down.
- Electricity and gas supply prices were up 6.9 percent.
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- Higher electricity generator prices were the largest contributor to the inputs PPI.
- Food manufacturers paid lower prices for livestock and milk. The manufacturing inputs price index was down 1.2 percent.
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In the March 2012 quarter, compared with the March 2011 quarter:
- The prices received by producers rose 1.6 percent.
- The prices paid by producers rose 2.3 percent.
Geoff Bascand
Government Statistician |
17 May 2012
ISSN 1178-0622 |