NZ first-quarter manufacturing volumes fall, led by declines in dairy and meat

Tue, 06 Jun 2017

By Tina Morrison June 7 (BusinessDesk) - The volume of New Zealand's manufacturing sales fell for a second straight quarter in the first three months of this year, but the values rose due to higher prices. The volumes of total manufacturing sales fell a seasonally adjusted 0.3 percent in the March quarter, compared with the December quarter when they dropped 2 percent, Statistics New Zealand said. The value of manufacturing sales rose a seasonally adjusted 2.8 percent, following a 1.3 percent increase three months earlier. Meat and dai...

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