19.11.2014 23:30:50

New Zealand PPI Output Prices Fall 1.1% In Q3

(RTTNews) - Output producer prices were down 1.1 percent on quarter in the third quarter of 2014, Statistics New Zealand said on Thursday, following the 0.5 percent decline in the second quarter.

Input producer prices fell 1.5 percent on quarter in Q3 after contraction 1.0 percent in the previous three months.

On a yearly basis, output producer prices shed 1.0 percent after rising 2.5 percent in the second quarter, while input producer prices tumbled 2.2 percent after gaining 1.4 percent in Q2.