Prices at producer level for New Zealand
Stats NZ on Business Price Indexes: March 2017 quarter
- In the March quarter, producer output prices were influenced by higher prices received for dairy products, while higher crude oil prices pushed up the input costs at oil refineries.
- In the year to the March 2017 quarter, producer output prices increased 4.1 percent, and input prices increased 4.2 percent.
- "The prices paid by fuel manufacturers were up 43 percent in the year, mainly due to higher crude oil prices," business prices manager Sarah Williams said.
- In March 2016, the prices fuel manufacturers paid were at the lowest level since the June 2003 quarter. This industry produces refined fuels that are used by many other industries.
- In the March 2017 year, prices received by dairy cattle farmers and dairy product manufacturers rose 49 percent and 22 percent, respectively. Farm-gate milk prices increased from $3.90 to $6.00 per kilo of milk solids, and dairy manufacturers received higher prices for milk powder.
And now, back to US politics ... :-(
