Chemicals up, meat and dairy flat in NZ figures

New Zealand’s manufacturing sector’s sales volumes were
up 0.5 per cent in the first quarter of the year.

Radio NZ and others report that the official Statistics
NZ figures recorded the narrow increase after a bumper rise in the last quarter
of 2013.

The main contribution to growth was from chemical and
petroleum production, with Fairfax noting a big jump in the Taranaki Methanex plant’s output.

The meat and dairy sector only grew 0.1 per cent. 

“This quarter’s
rise occurred despite a relatively flat quarter for meat and dairy product
manufacturing,” explained Statistics NZ’s Neil Kelly.

“Rises in the
chemical and petroleum industries more than offset falls in a number of the
other industries.”

Image: Photo NZ