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

 


Dairy and Meat Lift Manufacturing

Economic Survey of Manufacturing: March 2005 quarter

Dairy and Meat Lift Manufacturing

Seasonally adjusted manufacturing sales for the March 2005 quarter increased 2.9 percent compared with the December 2004 quarter, Statistics New Zealand said today. The result has been driven by meat and dairy product manufacturing, which rose 13.9 percent, or $560 million.

Nine of the 15 industries recorded increases in seasonally adjusted sales in the March 2005 quarter compared with the December 2004 quarter. Following meat and dairy product manufacturing, the second largest increase was in basic metal manufacturing (up $84 million or 16.2 percent). The largest decrease in seasonally adjusted sales was for machinery and equipment manufacturing (down $160 million or 9.4 percent), followed by transport equipment manufacturing (down $77 million or 11.9 percent).

The value of finished goods stocks as at 31 March 2005 was $7,352 million, an increase of $356 million, when compared with the same quarter of the previous year.

With the effect of price changes removed, seasonally adjusted manufacturing sales increased 1.0 percent in the March 2005 quarter compared with the December 2004 quarter.

Ian Ewing
Acting Government Statistician

ENDS

© 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