Price index for inputs of the non-residential property operation industry in New Zealand
1998 Q2–2023 Q2, producers price index (Base 2010 Q4 = 1000)
Quarter | Index (Base 2010 Q4 = 1000) |
---|---|
1998 Q2 | 745 |
1998 Q3 | 746 |
1998 Q4 | 745 |
1999 Q1 | 747 |
1999 Q2 | 748 |
1999 Q3 | 751 |
1999 Q4 | 749 |
2000 Q1 | 753 |
2000 Q2 | 755 |
2000 Q3 | 766 |
2000 Q4 | 778 |
2001 Q1 | 781 |
2001 Q2 | 787 |
2001 Q3 | 792 |
2001 Q4 | 793 |
2002 Q1 | 798 |
2002 Q2 | 789 |
2002 Q3 | 795 |
2002 Q4 | 798 |
2003 Q1 | 804 |
2003 Q2 | 809 |
2003 Q3 | 816 |
2003 Q4 | 834 |
2004 Q1 | 840 |
2004 Q2 | 849 |
2004 Q3 | 858 |
2004 Q4 | 862 |
2005 Q1 | 866 |
2005 Q2 | 877 |
2005 Q3 | 887 |
2005 Q4 | 891 |
2006 Q1 | 897 |
2006 Q2 | 905 |
2006 Q3 | 912 |
2006 Q4 | 914 |
2007 Q1 | 916 |
2007 Q2 | 935 |
2007 Q3 | 943 |
2007 Q4 | 948 |
2008 Q1 | 956 |
2008 Q2 | 974 |
2008 Q3 | 983 |
2008 Q4 | 978 |
2009 Q1 | 979 |
2009 Q2 | 985 |
2009 Q3 | 987 |
2009 Q4 | 985 |
2010 Q1 | 988 |
2010 Q2 | 999 |
2010 Q3 | 1,002 |
2010 Q4 | 1,000 |
2011 Q1 | 1,004 |
2011 Q2 | 1,013 |
2011 Q3 | 1,026 |
2011 Q4 | 1,019 |
2012 Q1 | 1,024 |
2012 Q2 | 1,051 |
2012 Q3 | 1,051 |
2012 Q4 | 1,038 |
2013 Q1 | 1,051 |
2013 Q2 | 1,066 |
2013 Q3 | 1,065 |
2013 Q4 | 1,053 |
2014 Q1 | 1,060 |
2014 Q2 | 1,074 |
2014 Q3 | 1,073 |
2014 Q4 | 1,069 |
2015 Q1 | 1,073 |
2015 Q2 | 1,083 |
2015 Q3 | 1,092 |
2015 Q4 | 1,089 |
2016 Q1 | 1,091 |
2016 Q2 | 1,100 |
2016 Q3 | 1,107 |
2016 Q4 | 1,111 |
2017 Q1 | 1,118 |
2017 Q2 | 1,124 |
2017 Q3 | 1,137 |
2017 Q4 | 1,137 |
2018 Q1 | 1,143 |
2018 Q2 | 1,148 |
2018 Q3 | 1,159 |
2018 Q4 | 1,170 |
2019 Q1 | 1,176 |
2019 Q2 | 1,177 |
2019 Q3 | 1,195 |
2019 Q4 | 1,193 |
2020 Q1 | 1,199 |
2020 Q2 | 1,202 |
2020 Q3 | 1,222 |
2020 Q4 | 1,220 |
2021 Q1 | 1,230 |
2021 Q2 | 1,255 |
2021 Q3 | 1,266 |
2021 Q4 | 1,270 |
2022 Q1 | 1,292 |
2022 Q2 | 1,309 |
2022 Q3 | 1,324 |
2022 Q4 | 1,333 |
2023 Q1 | 1,339 |
2023 Q2 | 1,347 |
Definitions
The producers price index (PPI) measures changes in prices of outputs that generate operating income and inputs that incur operating expense. It measures changes in prices for the supply (output) and use (inputs) of goods and/or services by the productive sector. The PPI therefore does not include prices for items related to capitalised expenditure, non-operating income, financing costs, and employee compensation. It does not cover depreciation, or income related to property ownership when this is not the normal source of operating income.
Input indexes: measure changes in prices paid by producers for goods and services they use. Stats NZ apply weights and prices to goods and services used by New Zealand producers to present an input price index for each industry. Inputs can either be domestically supplied or imported.
For more information
Limitations of the data
The accuracy of price indexes varies depending on the particular characteristics of each index. The nature of the commodities being measured is a factor affecting accuracy as some items are easier to price on a consistent basis than others. Services are known to be particularly problematic. Both the level and quality of output are often difficult to accurately identify and price. Furthermore, the level of disaggregation may affect quality, with indexes at a lower level generally having more variability than indexes at a more aggregated level where volatility from sampling is smoothed out.
In general, an index’s accuracy depends on the nature of the commodity group or industry being measured, and the level within the hierarchy from which it is drawn. In most instances, customers make a trade-off between the level of detail contained in the index, and its statistical accuracy.
Data provided by
Dataset name
Producers Price Index: Inputs NZSIOC level 4, Base Dec 2010 quarter (Quarterly) June 2023
Webpage:
https://infoshare.stats.govt.nz/
How to find the data
At URL provided, select 'Economic indicators > Producers Price Index - PPI > Inputs (ANZSIC06) - NZSIOC level 4, Base: Dec. 2010 quarter (=1000) (Qrtly-Mar/Jun/Sep/Dec)'. All variables were selected in order to create this dataset.
Figure.NZ has calculated the quarter-on-quarter percentage changes and the year-on-year percentage changes based on the index provided by Stats NZ.
Import & extraction details
File as imported: Producers Price Index: Inputs NZSIOC level 4, Base Dec 2010 quarter (Quarterly) June 2023
From the dataset Producers Price Index: Inputs NZSIOC level 4, Base Dec 2010 quarter (Quarterly) June 2023, this data was extracted:
- Sheet: PPI387901_20230819_104114_94
- Range:
B3:LY119
- Provided: 18,562 data points
This data forms the table Prices - Producers price index for inputs 1994 Q2–2023 Q2.
Dataset originally released on:
August 17, 2023
Purpose of collection
The primary purpose of the PPI is for use by Stats NZ as deflators in calculating gross domestic product (GDP), which is New Zealand’s official measure of economic growth. These deflators remove the effect of price change so the change in the volume of goods and services produced in the economy can be measured. For this reason, the current PPI aligns closely with the System of National Accounts 2008 (SNA08).
Other uses for the PPI include short-term indicators of producer inflationary trends, and in contract indexation clauses (also known as contract escalation).