• Welcome to forex.pm forex forum binary options trade. Please login or sign up.
 

New Zealand Q2 PPI Output +1.1% q/q (expected 0.6%) and inputs +1.4% q/q (expected 0.5%)

Started by forex4you, Aug 16, 2024, 06:02 am

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

forex4you

New Zealand Q2 PPI Output +1.1% q/q (expected 0.6%) and inputs +1.4% q/q (expected 0.5%)

Quite the jump for these!

The Reserve Bank of New Zealand cut its cash rate on Wednesday. While consumer inflation has been drifting down this data has gone in the opposite direction.

Earlier from New Zealand today:

---

The Producer Price Index (PPI) is a measure of the average prices that producers in a country receive for their outputs (PPI Outputs) and the average prices that producers pay for their inputs (PPI Inputs).

PPI Outputs:

  • The PPI Outputs measure the average prices received by New Zealand producers for goods and services they produce and sell. This could be to other businesses (intermediate consumption) or to final consumers.
  • cover various industries such as agriculture, manufacturing, construction, and services, among others
  • rising PPI Outputs index can indicate increasing inflationary pressure as producers are getting higher prices for their goods and services. However, they might not necessarily pass these increases on to consumers

PPI Inputs:

  • The PPI Inputs, on the other hand, measure the average prices paid by New Zealand producers for their inputs -- the raw materials, services, and capital goods they use to produce their goods and services.
  • These inputs can be sourced domestically or imported.
  • When the PPI Inputs index is rising, it suggests that producers are facing higher costs, which might eventually lead to higher prices for consumers if the producers pass these costs on through higher output prices.


                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: New Zealand Q2 PPI Output +1.1% q/q (expected 0.6%) and inputs +1.4% q/q (expected 0.5%)

forexlive.com
Forex4you offers wide range of trading accounts with DDE, NDDE and STP executions including more than 100 instruments. Forex4you is based on MetaTrader 4 trading platform. Clients have the advantage of daily technical and fundamental analysis, one-click trading, economic calendar, mobile trading applications, news and forecasts from Dow Jones (UK) and signals from Trading Central (US). In addition, Forex4you offers Forex dictionary, educational materials and lot of "How to" guides about Forex.

forex4you.com   share4you.com   betiforex.com Forex  beginners-guide-to-iq-option-complete-review forex4you review forex4you Forex4you Review - One of the Best Forex Brokers Forex4you Review - One of the Best Forex Brokers forex4you - PAMM forex broker review and feedback from traders forexbinaryoption.ae aroundworld24.com  Affiliate programs  Forex4you Affiliate programs   



forex4you.com