Mar 08, 2018 - Higher sales volumes for petroleum and coal product manufacturing helped boost manufacturing in the December 2017 quarter, Stats NZ said today.
The total volume of manufacturing sales rose 1.0 percent in the December 2017 quarter compared with the September 2017 quarter, when adjusted for seasonal effects. This follows a 0.4 percent rise in the September 2017 quarter.
Seven of the 13 manufacturing industries saw sales rise in the December 2017 quarter. The largest movements were petroleum and coal product manufacturing, up 17 percent, and meat and dairy product manufacturing, down 2.8 percent.
"The December 2017 quarter's rise in petroleum and coal product manufacturing follows falls in the June and September quarters," manufacturing manager Sue Chapman said. "This is the largest percentage rise since December 2008, and the third-largest since the series began."
Continue to full article here on StatsNZ || March 08, 2018 |||