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

 


Manufacturing Sales Increase 0.9 Percent


Manufacturing Sales Increase 0.9 Percent

Seasonally adjusted manufacturing sales for the June 2003 quarter increased by 0.9 percent, compared with the March 2003 quarter, according to Statistics New Zealand.

With the effect of price changes removed, seasonally adjusted manufacturing sales increased by 0.7 percent in the June 2003 quarter, compared with the March 2003 quarter.

Seven out of 15 industries recorded increases in seasonally adjusted sales in the June 2003 quarter, compared with the March 2003 quarter. Machinery and equipment manufacturing (up $196 million), and meat and dairy product manufacturing (up $77 million) recorded the largest increases. Paper and paper product manufacturing (down $90 million) and petroleum and industrial chemical manufacturing (down $63 million) recorded the largest decreases in seasonally adjusted sales.

The trend in total manufacturing sales increased 0.1 percent in the June 2003 quarter, compared with the March 2003 quarter. This follows decreases of 0.7 percent in the March 2003 quarter and 0.7 percent in the December 2002 quarter.

Brian Pink

Government Statistician

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

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