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


Manufacturing Sales Continue to Grow

Manufacturing Sales Continue to Grow

Seasonally adjusted manufacturing sales for the June 2002 quarter increased by 2.9 percent, compared with the March 2002 quarter, according to Statistics New Zealand.

This follows increases of 0.5 percent in the March 2002 quarter, and 0.1 percent in the December 2001 quarter.

Thirteen out of 15 industries recorded increases in seasonally adjusted sales in the June 2002 quarter, compared with the March 2002 quarter. Machinery and equipment manufacturing had the largest increase (up $227 million), followed by wood product manufacturing (up $127 million).

There were two industries showing decreases, the largest of these being basic metal manufacturing (down $12 million).

The value of finished goods stocks increased by 2.8 percent as at 30 June 2002 compared with 30 June 2001, while the value of raw materials stocks increased 4.3 percent over the same period.

Brian Pink Government Statistician

© Scoop Media

Business Headlines | Sci-Tech Headlines


Climate Summary: NZ’s Equal-2nd Warmest Year On Record

Annual temperatures were above average (+0.51°C to +1.20°C above the annual average) across the majority of New Zealand... 2018 was the equal 2nd-warmest year on record for New Zealand, based on NIWA’s seven-station series which began in 1909. More>>


GDP: Economic Growth Dampens In The September Quarter

Gross domestic product (GDP) rose 0.3 percent in the September 2018 quarter, down from 1.0 percent in the previous quarter, Stats NZ said today... GDP per capita was flat in the September 2018 quarter, following an increase of 0.5 percent in the June 2018 quarter. More>>


Up $1.20: $17.70 Minimum Wage For 2019

Coalition Government signals how it will move toward its goal of a $20 p/h minimum wage by 2021... “Today we are announcing that the minimum wage will increase to $17.70 an hour on 1 April 2019." More>>


Retail: IKEA To Open In New Zealand

Inter IKEA Systems B.V. is today announcing its intentions to grant the Ingka Group exclusive rights to explore expansion opportunities in New Zealand. More>>