NZ data, PPI for Q1 2021: PPI input +2.1% q/q (prior 0%) & Output +1.2% q/q (prior 0.4%)

New Zealand producer price inflation data

Stats NZ citing the impact of electricity prices,

  • "Lower lake levels in the South Island have driven up wholesale prices for electricity generation, while an unexpected fall in production at the Pohokura gas field has seen gas supply prices also increase,"
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