• Share this page to Facebook
  • Share this page to Twitter
  • Share this page to Google+
Economic Survey of Manufacturing: June 2017 quarter
Embargoed until 10:45am  –  08 September 2017
Key facts

All references to sales movements are seasonally adjusted against the previous quarter, unless otherwise stated.

See Seasonal adjustment in Stats NZ for more information about seasonal adjustment.

Sales for the June 2017 quarter compared with the March 2017 quarter.

Volume of manufacturing sales

The volume of manufacturing sales rose 1.0 percent in the June 2017 quarter, after a 0.2 percent fall in the March 2017 quarter. Of the 13 manufacturing industries, eight rose and five fell in the latest quarter.  

The main movements by industry were:

  • meat and dairy product manufacturing, up 8.2 percent
  • petroleum and coal product manufacturing (which is not seasonally adjusted), down 10 percent
  • chemical, polymer, and rubber product manufacturing, down 7.9 percent.

Excluding meat and dairy, the manufacturing sales volume fell 0.2 percent, following a 1.5 percent rise in the March quarter.

Volumes are calculated by removing the effect of price changes from sales values.

Value of manufacturing sales

In current prices, the value of manufacturing sales rose 3.9 percent in the June quarter, following a 3.1 percent rise in the March 2017 quarter.

The main movements by industry were:

  • meat and dairy product manufacturing, up 13 percent ($956 million)
  • chemical, polymer, and rubber manufacturing, down 8.3 percent ($204 million)
  • petroleum and coal product manufacturing (which is not seasonally adjusted), down 8.1 percent ($178 million). 

Volume of finished goods stocks

The volume of finished goods stocks (which is not seasonally adjusted) for total manufacturing was 7.2 percent lower than in the June 2016 quarter. The volume for the meat and dairy manufacturing industry fell 13 percent, compared with the June 2016 quarter. However, due to high meat and dairy prices the value of finished goods stocks for the industry rose 13 percent.

When excluding meat and dairy manufacturing, the volume of finished goods stocks was 3.5 percent lower than in the previous June quarter.

 

 

Liz MacPherson, Government Statistician
ISSN 1178-024X
8 September 2017

This release is also available on our beta site, where we're testing new formats for information releases and news. Help us make data easier to find by visiting the site, reviewing the content that matters to you, and sending us feedback.

View this release on our beta site

  • Share this page to Facebook
  • Share this page to Twitter
  • Share this page to Google+

Does the information on this page meet your needs?


Top
  • Share this page to Facebook
  • Share this page to Twitter
  • Share this page to Google+