Investing.com - Produce price inflation output in New Zealand fell unexpectedly last month, official data showed on Wednesday.
In a report, Statistics New Zealand said that New Zealand PPI Output fell to a seasonally adjusted annual rate of -0.4%, from 2.4% in the preceding month.
Analysts had expected New Zealand PPI Output to rise 1.4% last month.
In a report, Statistics New Zealand said that New Zealand PPI Output fell to a seasonally adjusted annual rate of -0.4%, from 2.4% in the preceding month.
Analysts had expected New Zealand PPI Output to rise 1.4% last month.