Source: MIL-OSI Submissions
Producer prices increase in the December 2021 quarter – Media release
18 February 2022
Producer input and output prices increased in the December 2021 quarter, led by rising prices in dairy and construction industries, Stats NZ said today.
In the December 2021 quarter compared with the September 2021 quarter, prices received by producers of goods and services (outputs) increased 1.4 percent. Prices paid by producers of goods and services (inputs) increased 1.1 percent over the same period.
“Producer prices are increasing, but slower than in the middle of 2021,” business prices delivery manager James Mitchell said.
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