Producer input prices in New Zealand rose by 0.2% quarter-on-quarter in the three months to September 2025, after a 0.6% gain in the previous quarter and way below expectations for a 0.9% increase. The largest contributions came from electricity and gas supply, which fell 19.1%, followed by meat and meat product manufacturing at 8.2%, and dairy product manufacturing at 1.7%. Mixed sectoral movements left overall input costs rising modestly, signaling moderated underlying price pressures.