New Zealand's output producer price index (PPI) rose 0.1%, while input PPI fell 0.5% in the December 2025 quarter compared with the preceding three-month period, Stats NZ data showed Wednesday.

Output PPI pertains to prices received by producers, while input PPI refers to prices paid by producers.

The largest output industry contributions were electricity and gas supply, dairy cattle farming, and sheep, beef cattle, and grain farming.

The largest input industry contributions were electricity and gas supply, dairy product manufacturing, and meat and meat product manufacturing.

Elsewhere, the farm expenses price index edged up 0.9%. The capital goods price index climbed 1.1%.

On an annual basis, output PPI rose 3.5% in the December 2025 quarter, while input PPI jumped 3.2%. Capital goods prices rose 1.5%, and prices paid by farmers went up 3.2%.