Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Manufacturing Sales Increase in September Quarter

Economic Survey of Manufacturing: September 2000 quarter

Manufacturing Sales Increase in September Quarter

Seasonally adjusted manufacturing sales rose by 4.8 per cent in the September 2000 quarter, according to Statistics New Zealand's latest Quarterly Manufacturing Survey. This is the seventh successive quarter for which sales have increased, representing the most sustained period of growth since the current series commenced in December 1990. During this period of growth sales have increased by 20.1 per cent.

If the effects of price increases (as measured by relevant Producers Price Index components) are removed, the volume of manufacturing sales increased by 1.3 per cent in the September 2000 quarter.

Sales growth was broad-based in the September 2000 quarter, with seven of the 10 manufacturing industries recording increased sales. Even so, almost 60 per cent of the overall growth in sales came from meat and dairy product manufacturing. This is the second quarter this year that meat and dairy product manufacturing has contributed more than half of the total increase in manufacturing sales. Seasonally adjusted sales of meat and dairy manufactured products reached $3.3 billion. This is the first time they have exceeded $3 billion. There were also increases of $145 million and $98 million in sales of petroleum, coal, chemical and associated product manufacturing and other food, beverage and tobacco manufacturing respectively.

Ian Ewing DEPUTY GOVERNMENT STATISTICIAN

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

ALSO:

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

ALSO:

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news