Q3 Manufacturing Activity, -1.2% q/q
- prior was -2.3% (revised from -1.9% q/q)
Q3 Manufacturing Activity Volume, +0.4% y/y
- prior was -0.6% (revised from -0.7%)
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From Statistics New Zealand:
- “While meat and dairy manufacturing sales volumes have fallen in recent quarters, manufacturing excluding meat and dairy has risen for the last six quarters,” business indicators manager Neil Kelly said
- sales volume for total manufacturing, excluding meat and dairy, was up 0.9 percent in the September 2014 quarter. Sales rose for seven of the 12 manufacturing industries in this group
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NZD not doing much with the data, around 0.7700
