Producer prices (PPI) · New Zealand
New Zealand PPI Output QoQ
The New Zealand PPI Output QoQ measures the prices that producers in New Zealand receive for their goods (and in some countries services), or pay for their inputs, before taxes and retail margins.
- Importancia
- Medium
- Publicado
- Quarterly
- Próxima publicación
- Divisa
- NZD · New Zealand dollar
- Banco central
- The Reserve Bank of New Zealand
Últimas cifras
El último dato, de Q2, se publicó el 2026-08-18 y fue 1.6%. Está por encima del consenso de 0.8%. Es más que 0.8% la vez anterior.
A higher figure than expected makes the Reserve Bank of New Zealand more likely to keep rates high or raise them: it tends to support the New Zealand dollar and push bond yields up, and is often a weight on stocks.
En las últimas 7 publicaciones osciló entre -0.1% y 2.1%, con una media de 0.8%. Ha subido tres publicaciones seguidas.
| Publicado | Para | Real | Consenso | Anterior |
|---|---|---|---|---|
| 18 Aug 2026 | Q2 | 1.6% | 0.8% | 0.8% |
| 18 May 2026 | Q1 | 0.8% | 0.5% | 0.1% |
| 17 Feb 2026 | Q4 | 0.1% | 0.7% | 0.6% |
| 18 Nov 2025 | Q3 | 0.6% | 0.7% | 0.6% |
| 18 Aug 2025 | Q2 | 0.6% | 1% | 2.1% |
| 18 May 2025 | Q1 | 2.1% | 0.1% | -0.1% |
| 18 Feb 2025 | Q4 | -0.1% | – | 1.5% |
Por qué importa
Producer prices are an early warning for consumer inflation: when factories pay more for energy and materials, part of the cost reaches shop prices in the following months. They also show profit pressure.
Cómo se calcula
Stats NZ surveys companies on the prices of representative products at the factory gate; the index is weighted by each product's share of output. Input PPI covers materials and fuel bought; output PPI the goods sold.
PPI change (yoy) = PPI ÷ PPI 12 months ago − 1Qué significan los cambios
- Input prices rising faster than output prices squeeze margins.
- A sharp move in PPI often reflects oil and metals; check the core (ex food and energy) version.
Mayor de lo esperado: A higher figure than expected makes the Reserve Bank of New Zealand more likely to keep rates high or raise them: it tends to support the New Zealand dollar and push bond yields up, and is often a weight on stocks.
Menor de lo esperado: A lower figure than expected gives the Reserve Bank of New Zealand room to cut or hold rates lower: the New Zealand dollar tends to soften and bond yields to fall.
Una breve historia
Wholesale price indexes are among the oldest economic statistics; the US index dates back to 1902 and was renamed the Producer Price Index in 1978.
New Zealand was the first country to adopt formal inflation targeting, in 1990.
Preguntas
What is the New Zealand PPI Output QoQ?
The New Zealand PPI Output QoQ measures the prices that producers in New Zealand receive for their goods (and in some countries services), or pay for their inputs, before taxes and retail margins.
What was the latest New Zealand PPI Output QoQ?
1.6% for Q2, published on 18 August 2026 (consensus 0.8%, previous 0.8%).
When is the next New Zealand PPI Output QoQ?
On Tuesday 17 November 2026 at 21:45 UTC.
Solo contenido educativo, no asesoramiento de inversión. Las cifras son los resultados publicados según los registra nuestro calendario; las reacciones del mercado descritas son típicas, no garantizadas.