NZ manufacturing sales volumes fall in 1Q as meat and dairy post biggest drop in 3 years

Tue, 07 Jun 2016

By Tina Morrison June 8 (BusinessDesk) - New Zealand manufacturing sales volumes fell in the first quarter, snapping two consecutive quarterly gains, as meat and dairy product manufacturing posted their biggest quarterly declines in more than three years. Total seasonally adjusted sales volumes dropped 1.2 percent in the three months through March, following a revised 0.8 percent gain in the December quarter and a 3.4 percent gain in the September quarter, according to Statistics New Zealand. Excluding meat and dairy product manufacturing...

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