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Source: MIL-OSI Submissions

Producer prices increase – Media release

17 November 2021

Producer prices increased more in the year ended September 2021 than in any other year for more than a decade, Stats NZ said today.

In the year ended September 2021, prices received by producers increased 6.2 percent, and prices paid by producers increased 7.0 percent.

“The increases in prices received and paid by producers in the year ended September 2021 are the largest increases since the years ended March 2009 and December 2008 respectively,” business prices delivery manager James Mitchell said.

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