Manufacturing Sales in New Zealand decreased to -6.46 percent in the third quarter of 2023 from -1.64 percent in the second quarter of 2023. Manufacturing Sales in New Zealand averaged 1.02 percent from 1995 until 2023, reaching an all time high of 18.83 percent in the second quarter of 2021 and a record low of -12.35 percent in the second quarter of 2020.

Manufacturing Sales in New Zealand is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Manufacturing Sales is projected to trend around 2.00 percent in 2025 and 2.70 percent in 2026, according to our econometric models.

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New Zealand Manufacturing Sales

Calendar GMT Reference Actual Previous Consensus TEForecast
2023-09-06 10:45 PM
Manufacturing Sales YoY
Q2 -1.6% -10% -2.6%
2023-12-07 09:45 PM
Manufacturing Sales YoY
Q3 -6.5% -1.6% 0.9%
2024-03-06 09:45 PM
Manufacturing Sales YoY
Q4 -6.5% -1.6%

Related Last Previous Unit Reference
Manufacturing PMI 47.25 43.38 points Jan 2024
Industrial Production -3.70 0.20 percent Sep 2023
Changes in Inventories 703.00 -1186.00 NZD Million Sep 2023
Car Registrations 5062.00 1339.00 Units Jan 2024
Manufacturing Sales -6.46 -1.64 percent Sep 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
-6.46 -1.64 18.83 -12.35 1995 - 2023 percent Quarterly