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

 

Meat and dairy products lead manufacturing rise

Meat and dairy products lead manufacturing rise – Media release

Meat and dairy products dominated the rise in total manufacturing sales for the September 2012 quarter, Statistics New Zealand said today.

After adjusting for seasonal effects, the value of total manufacturing sales rose 1.6 percent ($370 million), led by the 9.3 percent ($612 million) increase in meat and dairy product manufacturing.

When price changes are removed, the volume of manufacturing sales rose 2.6 percent, also led by meat and dairy product manufacturing, up 13 percent.

"The volume increase in meat and dairy manufacturing is reflected in the rise of export volumes for dairy and meat products, with increases of 32 percent in dairy, and 15 percent in meat," industry and labour statistics manager Blair Cardno said.

"Looking at the longer-term picture, the trend for manufacturing volumes has risen in the past year."

Without the meat and dairy industry contribution, the volume of manufacturing sales fell 1.4 percent in the September quarter.

"Despite this, the trend for sales volume, excluding the meat and dairy industry, has remained relatively flat for the last three years," Mr Cardno said.

Eight of the other 12 manufacturing industries recorded falls in the September quarter. The other main movements this quarter were:
• metal product manufacturing, down 6.9 percent
• chemical, polymer, and rubber product manufacturing, up 7.3 percent.

ENDS


For more information about these statistics:
• Visit Economic Survey of Manufacturing: September 2012 quarter

• Open the attached files

http://img.scoop.co.nz/media/pdfs/1212/EconomicSurveyofManufacturingSep12qtrMR.pdf

http://img.scoop.co.nz/media/pdfs/1212/esmsep12qtrtables.xls


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Crown Accounts: Slightly Softer Growth Expected In PREFU

A slightly softer growth forecast is the main feature of largely unchanged Pre-election Fiscal Update compared to the Budget forecasts three months ago, Finance Minister Steven Joyce says. More>>

ALSO:

Water: Farming Leaders Pledge To Help Make Rivers Swimmable

In a first for the country, farming leaders have pledged to work together to help make New Zealand’s rivers swimmable for future generations. More>>

ALSO:

Unintended Consequences: Liquor Change For Grocery Stores On Tobacco Tax

Changes in the law made to enable grocery stores to continue holding liquor licences to sell alcohol despite increases in tobacco taxes will take effect on 15 September 2017. More>>

Back Again: Government Approves TPP11 Mandate

Trade Minister Todd McClay says New Zealand will be pushing for the minimal number of changes possible to the original TPP agreement, something that the remaining TPP11 countries have agreed on. More>>

ALSO:

By May 2018: Wider, Earlier Microbead Ban

The sale and manufacture of wash-off products containing plastic microbeads will be banned in New Zealand earlier than previously expected, Associate Environment Minister Scott Simpson announced today. More>>

ALSO: