New Zealand producer price pressures accelerated sharply in Q2, with input PPI rising 2.9% q/q from 1.4% in Q1, more than double 1.3% consensus. Output PPI also strengthened, rising 1.6% from 0.8%, twice 0.8% expected. Stats NZ said producers faced higher costs for inputs including fuel, power and raw materials. The gap between input and […]
The post New Zealand Input PPI Rises 2.9% in Q2, Output Prices Up 1.6% appeared first on ActionForex.
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