NZ Q1 data - manufacturing activity up in the quarter

New Zealand data for the January to March quarter

Manufacturing Activity sales volume at +2.0% q/q

• prior +2.4%, revised from +2.0%

Manufacturing Activity +1.0%, an improvement from

• prior -1.0%

Main points:

• largest rise for five years in volumes of meat and dairy products
• sales values... Meat and dairy products manufacturing had the largest increase … , Petroleum and coal products manufacturing had the largest decrease

NZD not too much changed.