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.