NZ Meat and Dairy Up in December
NEW ZEALAND - The volume of meat and dairy product manufacturing rose in the December 2018 quarter, Stats NZ said today.After adjusting for seasonal effects, the volume of total manufacturing sales rose 2.0 percent in the December quarter. A 4.0 percent boost in meat and dairy product manufacturing led the rise.
"The meat and dairy industry rebounded after a strong fall in the September quarter," manufacturing statistics manager Sue Chapman said.
"Most meat and dairy products in New Zealand are exported and occasionally, the timing of exports, price changes, and exchange rates can affect manufacturing sales."
Sales volumes for nine of the 13 industries rose in the December 2018 quarter. The largest movements were in meat and dairy products (up 4.0 percent), and petroleum and coal products (up 4.1 percent).
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