Business price indexes (BPI) includes the producers price index (PPI), capital goods price index (CGPI), and farm expenses price index (FEPI).
Key facts
In the June 2025 quarter compared with the March 2025 quarter:
- the output producers price index (PPI) rose 0.6 percent
- the input PPI rose 0.6 percent
- the farm expenses price index (FEPI) rose 0.5 percent
- the capital goods price index (CGPI) fell 0.2 percent.
| Index | Percent |
| Prices received by producers (output) | 0.6 |
| Prices paid by producers (input) | 0.6 |
| Capital goods prices | -0.2 |
| Prices paid by farmers | 0.5 |
| Salary and wage rates including overtime | 0.6 |
| Consumer goods and services prices | 0.5 |
| Index | Percent |
| Prices received by producers (output) | 4.2 |
| Prices paid by producers (input) | 4.5 |
| Capital goods prices | 0.7 |
| Prices paid by farmers | 0.6 |
| Salary and wage rates including overtime | 2.4 |
| Consumer goods and services prices | 2.7 |
In the June 2025 quarter, prices received by producers of goods and services (outputs) rose 0.6 percent compared with the March 2025 quarter. Prices paid by producers of goods and services (inputs) rose 0.6 percent over the same period.
| Period ended | Producer price index ‒ outputs | Producer price index ‒ inputs |
| Jun-15 | -0.2 | -0.3 |
| Sep-15 | 1.3 | 1.6 |
| Dec-15 | -0.8 | -1.2 |
| Mar-16 | -0.2 | -1 |
| Jun-16 | 0.2 | 0.9 |
| Sep-16 | 1 | 1.5 |
| Dec-16 | 1.5 | 1 |
| Mar-17 | 1.4 | 0.8 |
| Jun-17 | 1.3 | 1.5 |
| Sep-17 | 1 | 1.1 |
| Dec-17 | 1 | 0.9 |
| Mar-18 | 0.2 | 0.6 |
| Jun-18 | 0.9 | 1 |
| Sep-18 | 1.5 | 1.4 |
| Dec-18 | 0.9 | 1.8 |
| Mar-19 | -0.5 | -0.9 |
| Jun-19 | 0.4 | 0.3 |
| Sep-19 | 1.1 | 1 |
| Dec-19 | 0.5 | 0.2 |
| Mar-20 | 0.1 | -0.3 |
| Jun-20 | -0.2 | -0.9 |
| Sep-20 | -0.3 | 0.6 |
| Dec-20 | 0.5 | 0.1 |
| Mar-21 | 1.2 | 2.1 |
| Jun-21 | 2.6 | 3 |
| Sep-21 | 1.8 | 1.6 |
| Dec-21 | 1.5 | 1.2 |
| Mar-22 | 2.6 | 3.4 |
| Jun-22 | 2.4 | 3.1 |
| Sep-22 | 1.6 | 0.8 |
| Dec-22 | 0.9 | 0.5 |
| Mar-23 | 0.2 | 0 |
| Jun-23 | 0.2 | -0.2 |
| Sep-23 | 0.8 | 1.2 |
| Dec-23 | 0.7 | 0.9 |
| Mar-24 | 0.8 | 0.7 |
| Jun-24 | 1.1 | 1.4 |
| Sep-24 | 1.5 | 1.9 |
| Dec-24 | -0.1 | -0.9 |
| Mar-25 | 2.1 | 2.9 |
| Jun-25 | 0.6 | 0.6 |
Key quarterly results
The largest output industry contributions were from:
- electricity, gas, water and waste services, up 6.2 percent
- manufacturing, up 0.3 percent
- agriculture, forestry, and fishing, up 0.9 percent.
The largest input industry contributions were from:
- electricity, gas, water and waste services, up 3.5 percent
- agriculture, forestry, and fishing, up 1.2 percent
- retail trade and accommodation, up 1.2 percent.
For electricity transmission charges, the Commerce Commission limits the amount of revenue that Transpower and most local lines companies can earn for a set period. New higher revenue limits were applied from 1 April 2025.
BPI data quality updates
In the June 2025 quarter, the overall response rate was 88.2 percent (target response rate of 96 percent). The response rate for key firms was 98.1 percent (target response rate of 100 percent).
The lower response rate has required higher levels of imputation where we carried forward previous prices for the relevant respondent that did not respond (that is, price change was zero).
More data
Use Infoshare for quarterly business price indexes data:
Subject category: Economic indicators
Group: Producers price index - PPI
Group: Capital goods price index - CEP
Subject category: Industry sectors
Group: Farm inputs - FPI
Definitions and metadata
Business price indexes - DataInfo+ gives the methodology used to produce business price indexes, including for the latest quarter.
Technical enquiries
Tom Kenny
[email protected]
04 931 4600
ISSN 2423-0340
Next release
Business price indexes: September 2025 quarter will be released on 19 November 2025.
