Input indexes: measure changes in prices paid by producers for goods and services they use. Stats NZ weight and price 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.
This dataset measures price change for fixed inputs of goods and services to the farming industry. It does not fully measure changes in the production costs of farming. This is because production costs do not solely depend on price movements, but also on factors that affect productivity (eg technological advances, management efficiency, and climate fluctuations).
Exclusions
This dataset does not cover capital expenditure and depreciation.
Changes to data collection/processing
From 19 May 2014, Stats NZ made all FEPI indexes available each quarter, published along with the PPI information releases.
Stats NZ also separated some input categories at the request of users.
- Fertiliser, lime, and seeds has been split into three separate indexes.
- In dairy cattle farms, animal health and breeding has been split into two separate categories.
- In dairy cattle farms, feed, grazing, cultivation, and harvesting has been split into two categories – stock grazing; and cultivation, harvest, and purchase of animal feed.
At URL provided, select 'Industry sectors > Farm Inputs - FPI > Farm expense price index - Expense categories - (Base Dec 2013 = 1000) (Qrtly-Mar/Jun/Sep/Dec)'. All variables were selected 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.