NZ producer input, output prices still lifted by milk prices

Sun, 19 Feb 2017

By Rebecca Howard Feb. 20 (BusinessDesk) - New Zealand producer input and output prices rose in the fourth quarter once again lifted largely by rising milk prices. Prices paid by producers - input prices - rose 1 percent in the three months ended Dec. 31, while output prices, or prices received by producers, rose 1.5 percent, Statistics New Zealand said. Producer output prices were mainly influenced by higher prices received by dairy product manufacturers, up 14 percent and higher farm-gate milk prices received by dairy cattle farmers...

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