Producer Price Index - Output (QoQ)

The Producer Price Index Out released by the Statistics New Zealand is a measurement of the price changes of goods produced by the producers in New Zealand. Generally speaking, a price hike generates higher retail prices for consumers. Thus, a high reading is seen as positive (or bullish) for the NZD, while a low reading is seen as negative (or bearish).

Most recent - Thursday 16 May 2024 22:45

Previous
0.7%
Revised
-
Forecast
0.5%
Actual
0.9%

Higher numbers than forecast tend to be bullish for NZD/xxx pairs and bearish for xxx/NZD pairs.

Trading range

Forecast history

The most recent announced value for Producer Price Index - Output (QoQ) was 0.9% against a forecast of 0.5%.

Past events

Date
Forecast
Actual
Thursday 16 May 2024 22:45
0.5%
0.9%
Tuesday 20 February 2024 21:45
0.4%
0.7%
Thursday 16 November 2023 21:45
-
0.8%
Wednesday 16 August 2023 22:45
0.7%
0.2%
Wednesday 17 May 2023 22:45
1.3%
0.3%
Monday 20 February 2023 21:45
2.1%
0.9%
Wednesday 16 November 2022 21:45
2.7%
1.6%
Tuesday 16 August 2022 22:45
2.1%
2.4%
Wednesday 18 May 2022 22:45
-
2.6%
Thursday 17 February 2022 21:45
2.3%
1.4%
Tuesday 16 November 2021 21:45
-
1.8%
Tuesday 17 August 2021 22:45
0.1%
2.6%

Economic context

Other recent announcements which may affect the market's interpretation of the next Producer Price Index - Output (QoQ) result:

PreviousLatest
Business NZ PMIBearish change48.847.2

About Producer Price Index - Output (QoQ)

Country:New Zealand
Currency:NZD
Source:Stats NZ
Category:Inflation
Frequency:Quarterly

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