New Zealand Manufacturing Value Climbs 0.9% In Q3

(RTTNews) - The value of manufacturing sales in New Zealand was up a seasonally adjusted 0.9 percent on quarter in the third quarter of 2019,. Statistics New Zealand said on Monday - after dipping 0.7 percent in the three months prior.

The main industry movements were meat and dairy products, up NZ$169 million (2.0 percent); transport equipment and machinery, up NZ$158 million (5.1 percent); and metal products, up NZ$101 million (3.6 percent).

By volume, manufacturing sales fell 0.3 percent after skidding 2.7 percent in the previous quarter.

The main industry movements were meat and dairy products, down 4.5 percent; transport equipment and machinery, up 4.8 percent; and metal products, up 3.2 percent.