New Zealand business price indexes rise modestly in Q2-Xinhua

New Zealand business price indexes rise modestly in Q2

Source: Xinhua

Editor: huaxia

2025-08-19 21:14:30

WELLINGTON, Aug. 19 (Xinhua) -- New Zealand's business price indexes rose modestly in the second quarter of 2025, driven by higher costs and prices in key industries.

The statistics department, Stats NZ, said Tuesday the producer price index climbed 0.6 percent for both outputs and inputs compared with the March quarter, while the farm expenses price index increased 0.5 percent.

In contrast, the capital goods price index fell 0.2 percent, Stats NZ said.

The strongest upward pressure came from electricity, gas, water and waste services, where output prices surged 6.2 percent and input costs rose 3.5 percent, it said.

Manufacturing prices rose 0.3 percent, while agriculture, forestry and fishing output grew 0.9 percent, with input costs for the sector up 1.2 percent, statistics show.

Retail trade and accommodation also recorded a 1.2 percent increase in input costs, according to Stats NZ.