Producer output prices in New Zealand climbed 0.8% quarter-on-quarter in the March quarter of 2026, accelerating from a 0.1% increase in the previous quarter and exceeding expectations of a 0.5% rise. It marked the fastest pace since the first quarter of 2025, boosted mainly by two sectors, with the largest contributions coming from cattle farming, which rose 7.5%, while electricity and gas supply increased 6.1%. By contrast, dairy product manufacturing fell 6.4%.