NZD PPI Output q/q, Nov 18, 2024
NZD PPI Output q/q Plunges: Unexpected Drop Sends Shockwaves Through the Market (Nov 18, 2024) Headline: New Zealand's Producer Price Index (PPI) for Output, released on November 18th, 2024 by Statistics New Zealand, unexpectedly plummeted to 1.5% quarter-on-quarter (q/q). This significantly undershoots the forecasted 0.9% growth