New Zealand's output producer price index (PPI) fell 0.1% on a quarterly basis in the three months to December 2024, following a 1.5% increase in the September period, Stats NZ data showed Wednesday.

The output PPI refers to prices received by producers of goods and services.

The input PPI, which refers to prices paid by producers, fell 0.9% in the December quarter, following a 1.9% rise in the prior three-month period.

Compared with a year earlier, the output PPI rose 3.3%, following a 4.2% rise. The input PPI was up 3%, following a 5% increase in the prior quarter.