Indicator Digest - CMS Forex

Producer Prices

Main Indicator: Producer Price Index Input q/q

Most Recent Release

May
15th, 2008

Actual

Forecast

Revised Form

2.3%

1.1%

1.3%

N/A

For 1st Quarter
Provided by: Statistics New Zealand
Highlights: Current Release
Official Release: PDF

From the release:

Outputs
The Producers Price Index (PPI) outputs index rose 1.8 percent.

Output prices for dairy product manufacturing index rose 13.7 percent.

Output price index rose 6.1 percent between the March 2007 and the March 2008 quarters.
Inputs
The PPI inputs index rose 2.3 percent.

Input prices for electricity generation and supply index rose 41.7 percent.

Input price index rose 7.4 percent between the March 2007 and the March 2008 quarters.

Table of Past Data

	11/13	8/14	11/13	2/12	5/15

Actual	2.00%		2.3%	1.3%	2.3%
Forecast	0.50%		1.1%		1.1%
Previous	2.70%	-1.6%	1.3%	2.3%	1.3%
Revised From	N/A	N/A	N/A	N/A	N/A

Secondary Indicator: Producer Price Index Output q/q

Most Recent Release

May
15th, 2008

Actual

Forecast

Revised Form

1.8%

1.4%

1.5%

N/A

For 1st Quarter
Provided by: Statistics New Zealand
Highlights: Current Release
Official Release: PDF

From the release:

Outputs
The Producers Price Index (PPI) outputs index rose 1.8 percent.

Output prices for dairy product manufacturing index rose 13.7 percent.

Output price index rose 6.1 percent between the March 2007 and the March 2008 quarters.
Inputs
The PPI inputs index rose 2.3 percent.

Input prices for electricity generation and supply index rose 41.7 percent.

Input price index rose 7.4 percent between the March 2007 and the March 2008 quarters.

Table of Past Data

	11/13	8/14	11/13	2/12	5/15

Actual	0.70%		1.6%	1.5%	1.8%
Forecast	1.00%		1.1%	1.0%	1.4%
Previous	2.70%	-0.2%	1.2%	1.6%	1.5%
Revised From	N/A	N/A	N/A	N/A	N/A

Past Releases

Producer Price Index Input q/q

February
12th, 2008

Actual

Forecast

Revised Form

1.3%

2.3%

N/A

For 4th Quarter

Provided by: Statistics New Zealand
Highlights: Current Release
Official Release: PDF

"Input prices for all industries in the PPI rose 1.3 percent in the December 2007 quarter, following increases of 2.3 percent and 1.3 percent in the September 2007 and June 2007 quarters, respectively.

The most significant upward contribution to the PPI inputs index came from a 5.0 percent increase in the wholesale trade index which was driven by the mineral, metal and chemical wholesaling index due to higher crude oil prices.

The meat and meat product manufacturing index (up 3.8 percent) was the second most significant driver for the rise in input prices in the December 2007 quarter."

Producer Price Index Output q/q

February
12th, 2008

Actual

Forecast

Revised Form

1.5%

1.0%

1.6%

N/A

For 4th Quarter

Provided by: Statistics New Zealand
Highlights: Current Release
Official Release: PDF

""Output prices for all industries in the PPI rose 1.5 percent in the December 2007 quarter. This follows consecutive rises of 1.6 percent and 1.2 percent in the September 2007 and June 2007 quarters, respectively.

In the December 2007 quarter, the dairy product manufacturing index (up 15.0 percent) made the most significant contribution to the rise in the PPI outputs index. This was driven by higher export prices for milk powder, cheese and butter. The second most significant contribution to the PPI outputs index was the wholesale trade index, which rose 3.1 percent. The main driver in this index was mineral, metal and chemical wholesaling largely due to higher fuel prices."

Producer Price Index Input q/q

November
13th, 2007

Actual

Forecast

Revised Form

2.3%

1.1%

1.3%

N/A

For 3rd Quarter

Input prices were inflated by input prices for dairy product manufacturing, which rose 26.5% in the quarter. The second largest upward contribution came from meat and meat product manufacturing, which was up 7.3%. On the year to the September quarter, input prices for all industries rose 1.7%, according to StatNZ.

Producer Price Index Output q/q

November
13th, 2007

Actual

Forecast

Revised Form

1.6%

1.1%

1.2%

N/A

For 3rd Quarter

Output prices were lifted partly by the 28.8% increase in dairy cattle farming prices for the quarter, which is the largest increase since the series started in June quarter of 1994. Dairy product manufacturing index rose 8.2% and was the second most significant upward contribution to the PPI output index, according to StatNZ. On the year in Q3, prices rose 2.1%.

Producer Price Index Input q/q

August
14th, 2007

Actual

Forecast

Revised Form

-1.6%

N/A

The data was not released because New Zealand's statistics office needed further research in order to provide accurate information.

Producer Price Index Output q/q

August
14th, 2007

Actual

Forecast

Revised Form

-0.2%

N/A

Producer Price Index Input q/q

November
13th, 2006

Actual

Forecast

Revised Form

2.00%

0.50%

2.70%

N/A

Producer Price Index Output q/q

November
13th, 2006

Actual

Forecast

Revised Form

0.70%

1.00%

2.70%

N/A