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(RTTNews) - Wednesday, New Zealand's manufacturing sales declined 2.| Sammy King | by www.tradingmarkets.com. All rights reserved. | 23.03 | 12:34 |
2% to NZ$414 million in the December quarter on seasonally adjusted basis from the previous quarter, the Statistics New Zealand said. In the September quarter and June quarter, the manufacturing sales increased 2.0% and 3.
9% respectively. The report attributed the decrease in manufacturing sales in the December 2006 quarter to the meat and dairy product manufacturing industry, which fell 6.3% to NZ$329 million form September 2006 quarter.
Eight of the 15 published industries recorded decreases in seasonally adjusted sales in the quarter. All analyst commentary provided on TradingMarkets.com is provided for educational purposes only.
The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities.
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