NZ manufacturing sales rise 0.4% in 3rd-qtr, as metal offsets slide in dairy, meat

Sun, 07 Dec 2014

Dec. 8 (BusinessDesk) - New Zealand manufacturing sales rose in the third quarter as an increase in output of metal building products offset a decline in volumes for both meat and dairy. Total manufacturing volumes rose 0.4 percent, seasonally adjusted, in the third quarter, after a 0.6 percent decline three months earlier, according to Statistics New Zealand. Excluding meat and dairy, sales rose 0.9 percent. The value of manufacturing fell 1.2 percent, driven by a 4.8 percent decline for meat and dairy. Excluding these industries, the v...

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