Manufacturing sales in New Zealand rose 0.2 percent year-on-year during the third quarter of 2019, after falling 0.4 percent in the previous three-month period, boosted by sales of wood and paper products (1.0 percent vs -0.2 percent), transport equipment, machinery and equipment (1.3 percent vs -6.6 percent), and metals (5.0 percent vs 1.9 percent). By contrast, petroleum and coal products sales plunged 9.9 percent, the fourth straight quarter of decline, and chemical, polymer, and rubber products sales dropped 2.1 percent, compared to 4.7 percent growth in the previous period.

Industrial Production in New Zealand averaged 1.48 percent from 1995 until 2019, reaching an all time high of 17.60 percent in the second quarter of 1995 and a record low of -10.50 percent in the second quarter of 2009. This page provides - New Zealand Manufacturing Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Statistics New Zealand

Industrial Production in New Zealand is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in New Zealand to stand at 1.60 in 12 months time. In the long-term, the New Zealand Manufacturing Sales is projected to trend around 3.40 percent in 2020, according to our econometric models.


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New Zealand Manufacturing Sales

Actual Previous Highest Lowest Dates Unit Frequency
0.20 -0.40 17.60 -10.50 1995 - 2019 percent Quarterly
NSA

Calendar GMT Actual Previous Consensus TEForecast
2019-03-07 09:45 PM Q4 0.3% -0.3% 2.7%
2019-06-10 10:45 PM Q1 2.2% 0.3% 1.5%
2019-09-08 10:45 PM Q2 -0.4% 2.1% 1.3%
2019-12-08 09:45 PM Q3 0.2% -0.4% -1%
2020-03-09 09:45 PM Q4 0.2% 1%
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News Stream
2019-09-08
New Zealand Manufacturing Sales Fall 0.4% YoY in Q2
Manufacturing sales in New Zealand fell 0.4 percent year-on-year in the second quarter of 2019, after increasing a downwardly revised 2.1 percent in the previous period. Sales dropped further for petroleum & coal products (-8.9 percent from -7.9 percent in Q1); furniture (-1.2 percent from -0.4 percent); and printing (-1.4 percent from -0.2 percent). Additionally, sales increased at a softer pace for meat & dairy (1.1 percent from 10.9 percent); non-metallic mineral products (4.5 percent from 5.1 percent); metal products (1.9 percent from 3.1 percent); transport equipment, machinery & equipment (-6.6 percent from 0.1 percent); and fruit, oil & other food (0.3 percent from 3.2 percent). On a quarterly basis, manufacturing sales went down 2.5 percent, following a 4.7 percent fall in the prior quarter.

2019-06-10
New Zealand Manufacturing Sales Gain Steam
Manufacturing sales in New Zealand rose 2.2 percent year-on-year in the first quarter of 2019, following a 0.3 percent increase in the previous period. Sales of meat and dairy products jumped 10.9 percent, after increasing 1.0 percent in the prior quarter. Also, sales rebounded for seafood processing (7.9 percent compared to -2.8 percent) and non-metallic mineral products (5.1 percent compared to -4.9 percent). In contrast, sales of beverages & tobacco fell 0.2 percent after edging down 0.1 percent, and sales of chemical, polymer & rubber product dropped 7.1 percent following a 3.2 percent decline. On a quarterly basis, manufacturing sales went down 4.7 percent following a 14.5 percent gain in the fourth quarter of 2018.

2019-03-07
New Zealand Manufacturing Sales Rebound in Q4
Manufacturing sales in New Zealand rose 0.3 percent year-on-year in the fourth quarter of 2018, following a 0.3 percent fall in the previous period. Sales rebounded for meat and dairy products (+1.0 percent vs -5.6 percent in Q3), metal (4.1 percent vs -0.5 percent), and furniture and other manufacturing (5.5 percent vs -0.3 percent). Also, sales advanced further for transport equipment and machinery and equipment (7.0 percent vs 2.6 percent) and fruit, oil, cereal, and other food manufacturing (4.1 percent vs 3.9 percent). On a quarterly basis, manufacturing sales went up 14.5 percent, after declining 6.2 percent in the prior period.


New Zealand Manufacturing Sales
In New Zealand, manufacturing sales refer to the year-on-year change in the volume of sales in the manufacturing sector of the economy. The survey includes 13 industries: meat and dairy product; seafood processing; fruit, oil, cereal, and other food; beverages and tobacco; textile, leather, clothing, and footwear; wood and paper products; printing; petroleum and coal product; chemical, polymer, and rubber products; non-metallic mineral products; metal products; transport equipment, machinery, and equipment; and furniture.

New Zealand Business Last Previous Highest Lowest Unit
Business Confidence -13.20 -26.40 80.90 -76.40 percent [+]
Manufacturing PMI 49.30 51.40 62.80 36.10 points [+]
Industrial Production 0.20 -0.40 17.60 -10.50 percent [+]
Capacity Utilization 92.00 92.40 93.70 86.33 percent [+]
Changes in Inventories 747.00 -375.00 747.00 -1002.00 NZD Million [+]
Car Registrations 3888.00 5209.00 6933.00 810.00 [+]
Internet Speed 14708.73 12865.57 14708.73 1998.81 KBps [+]
IP Addresses 1778178.00 1690601.00 2110050.00 831298.00 IP [+]
Services Pmi 51.90 52.90 60.80 44.90 points [+]
Steel Production 59.30 51.42 89.00 30.94 Thousand Tonnes [+]
Competitiveness Index 76.75 77.51 78.09 4.91 Points [+]
Competitiveness Rank 19.00 18.00 25.00 16.00 [+]
Composite Pmi 52.50 54.30 59.50 40.00 points [+]
Ease of Doing Business 1.00 1.00 3.00 1.00 [+]
Corruption Index 87.00 87.00 96.00 87.00 Points [+]
Corruption Rank 1.00 2.00 4.00 1.00 [+]