NZ manufacturing sales marginally positive in Q1

FXStreet (Bali) - NZ manufacturing sales, which represents changes in the volume of the physical output of the nation's factories, mines and utilities, came at +0.5% in Q1 2014 vs 6.3% in Q4 2013.

Official release

Sales (seasonally adjusted) for the March 2014 quarter compared with the December 2013 quarter.

Volumes

Total manufacturing rose 0.5 percent.

Excluding meat and dairy product manufacturing, sales rose 0.7 percent.

Meat and dairy product manufacturing rose 0.1 percent.

Values

Total manufacturing rose 0.6 percent.

Excluding meat and dairy product manufacturing, sales rose 0.6 percent.

Meat and dairy product manufacturing fell 1.4 percent