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Data from Financial Modeling Prep. Forecasts by Sigmanomics Forecast Engine.
New ZealandPPI Input fell to -0.2 in August 2023
Financial Modeling PrepMonthlyReleased August 2023
PPI Input fell to -0.2 in August 2023, down 0.2 from July's 0 reading. The print came in cooler than the 0.2 consensus, a softer print than forecasters anticipated. The print is running well above the 12-month average of -0.4. PPI Input is now the highest in 103 months.
Latest Release
-0.2
Actual
0.2
Consensus
0
Previous
The August 2023 reading fell from the previous value of 0. Historically, this indicator is positively correlated with NZD/USD (Bullish NZD) and positively correlated with NZD/JPY (Bullish NZD).
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PPI Input - NZ
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