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Manufacturing up despite fall in meat and dairy
Embargoed until 10:45am  –  09 December 2013

Economic Survey of Manufacturing: September 2013 quarter  –  Media Release

Total manufacturing sales volume rose for the September 2013 quarter, despite a fall in meat and dairy product manufacturing, Statistics New Zealand said today.

After adjusting for seasonal effects, the volume of total manufacturing sales rose 0.5 percent, while meat and dairy product manufacturing sales volume fell 2.7 percent.

"Although meat and dairy volumes fell, stock levels are very high for the end of a September quarter," industry and labour statistics manager Blair Cardno said.

"Outside meat and dairy, we saw a broad-based increase across the manufacturing sector in the quarter."

Sales volume for total manufacturing excluding meat and dairy was up 2.8 percent in the September quarter, the largest increase since June 2002. Sales for ten of the other 12 manufacturing industries rose.

 The main industry movements were:

  • metal product manufacturing, up 6.6 percent
  • petroleum and coal product manufacturing, up 8.0 percent.

The trend for the total manufacturing sales volume, which gives a longer-term picture of movements, has fallen this year after rising during 2012.

In current prices, the total manufacturing sales value rose 4.7 percent ($1.1 billion). Meat and dairy product manufacturing increased 12 percent ($768 million), boosted by high dairy prices during the quarter.

Ends

 
For media enquiries contact: Authorised by:

Blair Cardno 
Christchurch 03 964 8700
Email: info@stats.govt.nz

Published 9 December 2013

Liz MacPherson
Government Statistician
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