NZ manufacturing volumes rose 0.3 percent in second quarter, led by meat, dairy products

Mon, 10 Sep 2012

Sept. 10 (BusinessDesk) - New Zealand manufacturing sales volumes rose in the second quarter as increases in meat and dairy products, transport equipment and machinery made up for a drop in petroleum and coal products. Total manufacturing rose 0.3 percent, seasonally adjusted, in the three months ended June 30, slowing from a 1.2 percent pace in the first quarter, according to Statistics New Zealand. Excluding meat and dairy, manufacturing sales rose 0.5 percent. Volumes rose 1.4 percent from the same period a year earlier. By contrast the...

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