New Zealand Producer Intput Prices Falls the Most in Over 2 Years

Producer input prices in New Zealand fell by 0.9% quarter-on-quarter in the three months to December 2024, marking the largest decline since Q2 2020, following a 1.9% increase in the previous quarter.

The most significant contributions came from the electricity, gas, water, and waste services sector, which dropped 36.2%.

Meanwhile, manufacturing saw an increase of 3.3%, and agriculture, forestry, and fishing rose by 0.7%.