NZ manufacturing growth stalls in June quarter as meat, dairy slip

Sun, 07 Sep 2014

By Paul McBeth Sept. 8 (BusinessDesk) - New Zealand manufacturing sales volumes shrank in the second three months of the year as milk and meat production declined. The volume of total manufacturing fell a seasonally adjusted 0.7 percent in the three months ended June 30, while the value of manufacturing sales shrank 1.9 percent over the same period, according to Statistics New Zealand's economic survey of manufacturing. The decline was led by a 1.4 percent fall in the volume of meat and dairy product manufacturing, and a 5.7 percent drop...

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