Investing.com - New Zealand’s producer price inflation input rose more-than-expected in the last quarter, official data showed on Wednesday.
In a report, Statistics New Zealand said that N.Z. PPI input rose to a seasonally adjusted 1.6%, from -0.3% in the preceding quarter.
Analysts had expected N.Z. PPI input to rise 0.1% in the last quarter.
In a report, Statistics New Zealand said that N.Z. PPI input rose to a seasonally adjusted 1.6%, from -0.3% in the preceding quarter.
Analysts had expected N.Z. PPI input to rise 0.1% in the last quarter.