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Producers Price Index: December 2011 quarter
Embargoed until 10:45am  –  20 February 2012
Key facts

In the December 2011 quarter, compared with the September 2011 quarter:

Prices received by producers (outputs) rose 0.1 percent. Prices paid by producers (inputs) rose 0.5 percent.
  • Agriculture was the key contributor to the rise, with milk and meat prices up. 
  • Horticulture and fruit growing prices were down, mainly due to lower vegetable prices.
  • Mining prices grew 4.2 percent, recovering last quarter's drop.
  • Higher farm-gate prices for milk pushed the prices paid by dairy product manufacturers up 2.4 percent.
  • Lower prices for electricity generation decreased the prices paid by the electricity and gas supply industry by 3.8 percent.

 

In the December 2011 quarter, compared with the December 2010 quarter:

  • The prices received by producers rose 3.4 percent.
  • The prices paid by producers rose 4.2 percent.

 Graph, Producers price index, all industries – inputs and outputs, quarterly, December 2005 to December 2011.

Geoff Bascand
Government Statistician
20 February 2012
ISSN 1178-0622

 

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