NZ manufacturing sales volumes rise in June quarter as meat, dairy bounce back

Tue, 06 Sep 2016

By Paul McBeth Sept. 7 (BusinessDesk) - New Zealand manufacturing sales activity rose in the June quarter as meat and dairy product processing recovered from a sharp decline at the start of the year. Total seasonally and price adjusted sales rose 2.8 percent in the three months ended June 30, turning around a 0.7 percent decline in the March period, Statistics New Zealand said. That was led by an 8.6 percent jump in the volume of meat and dairy product sales, recovering from a 6.7 percent drop in March. On a value basis, which doesn't ad...

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