NZ producer output prices fall 0.8% in fourth quarter, led by dairy, dairy cattle, petroleum

Wed, 17 Feb 2016

By Jonathan Underhill Feb. 18 (BusinessDesk) - New Zealand producer output prices fell in the fourth quarter, led by dairy product manufacturing, dairy cattle farming and petroleum, while farm input prices also fell. The output producers price index fell 0.8 percent in the final three months of 2015, for an annual decline of 0.6 percent, while the input PPI fell 1.2 percent in the quarter and 1.1 percent in the year, Statistics New Zealand said. The prices dairy product manufacturers receive fell 10 percent in the fourth quarter, refle...

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