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Business Price Indexes: June 2017 quarter
Embargoed until 10:45am  –  17 August 2017
Key facts

In the June 2017 quarter:

  • The output producers price index (PPI) rose 1.3 percent.
  • The input PPI rose 1.4 percent.
  • PPI outputs were up mainly due to meat product manufacturing and dairy product manufacturing.
  • PPI inputs were up mainly due to dairy product manufacturing and meat product manufacturing.
  • The farm expenses price index (FEPI) rose 0.7 percent.
  • The capital goods price index (CGPI) rose 0.9 percent.
Price indexes: June 2017 quarter

Quarterly change %

Annual change %

Prices received by producers (output PPI)

1.3

5.2

Prices paid by producers (input PPI)

1.4

4.7

Prices paid by farmers (FEPI)

0.7

1.1

Capital goods prices (CGPI)

0.9

3.2

Salary and wage rates, including overtime (LCI)

0.4

1.7

Prices paid by consumers (CPI)

0.0

1.7

 

Price indexes: March 2017 quarter

Quarterly change %

Annual change %

Export prices for goods (overseas trade index)

8.0 P

8.1 P

Import prices for goods (overseas trade index)

2.7 P

0.3 P

Symbol: P provisional    

 

 

British and Irish Lions tour

The 2017 British and Irish Lions tour took place from 3 June to 8 July. The impact of this tour on the business price indexes was mostly out of coverage, due to being largely outside the quarterly pricing reference window for the period (most of our prices are collected on 15 May for the June quarter). Some effects of the Lions tour were captured in our monthly collected prices, for example, international airfares to and from Europe.

Your feedback

We'd like your comments and feedback about the business price indexes (BPI), including the PPI, CGPI, and FEPI. In particular:

  • How do you use the BPI?
  • What suggestions do you have for improvements to the BPI?

Please contact us by email: angus.crowe@stats.govt.nz
Phone: 0508 525 525 (toll-free in New Zealand)

Liz MacPherson, Government Statistician
ISSN 2423-0340 
17 August 2017

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