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

 

Consumption Goods Lift Imports

Consumption Goods Lift Imports

The seasonally adjusted value of imports increased 3.7 percent in the March 2005 quarter, Statistics New Zealand said today. Consumption goods was the main category underpinning the quarterly imports increase, showing a rise in value of 4.4 percent. The main increases in consumption goods were for food and beverages for household consumption, and semi-durable consumer goods.

Capital machinery and plant imports rose 10.8 percent in value in the March 2005 quarter, largely due to telecommunications and computer equipment. Offsetting this rise, however, was a lower import value for capital transport equipment.

Intermediate goods fell 0.1 percent overall, because the value of imported crude oil was down after a high December 2004 quarter. This more than offset the rise in the value of other intermediate goods. Intermediate goods other than crude oil rose by 5.3 percent, with the main contributors being processed industrial supplies (such as iron and steel) and parts and accessories of capital goods (such as chassis and printed circuits). Intermediate goods are goods that are used up or transformed in industrial production processes.

Ian Ewing
Acting Government Statistician
END

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Elsewhere:


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>

ALSO:


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>

ALSO:

Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>