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Big rise in manufacturing sales: Stats NZ survey

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New Zealand’s manufacturing sales, led by meat and dairy, saw a record increase in the December quarter.

Statistics New Zealand figures released this morning showed that overall sales were up 0.9 per cent, and exports by volume for dairy and meat were up 23 and 5.5 per cent respectively.

"The large meat and dairy volume increase is also seen in export volume rises for dairy and meat products," said Statistics NZ’s industry and labour statistics manager Blair Cardno.

"However, it's not all about meat and dairy, with other manufacturing industries also continuing to show increases."

Eight of 12 sub-sectors saw increases in their sales, with overall sales up 5.7 per cent.

The transport equipment, and machinery and equipment manufacturing category saw a sales increase of 5.9 per cent, and fruit, oil, cereal, and other food manufacturing jumped exactly 5 per cent.


Image: deleval.com

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