New Zealand Manufacturing Sales

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. Industrial Production in New Zealand averaged 1.49 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.

Industrial Production in New Zealand is expected to be 1.80 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 2.50 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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Calendar	GMT		Actual	Previous	TEForecast
2018-12-09	09:45 PM	Manufacturing Sales YoY Q3	-0.3%	1.7%	3.2%
2019-03-07	09:45 PM	Manufacturing Sales YoY Q4	0.3%	-0.3%	2.7%
2019-06-10	10:45 PM	Manufacturing Sales YoY Q1	2.2%	0.3%	1.5%
2019-09-08	10:45 PM	Manufacturing Sales YoY Q2	-0.4%	2.1%	1.3%
2019-12-08	09:45 PM	Manufacturing Sales YoY Q3		-0.4%	1.8%

New Zealand Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	-52.30	-44.30	80.90	-76.40	percent	[+]
Manufacturing PMI	48.40	48.10	62.80	36.10		[+]
Industrial Production	-0.40	2.10	17.60	-10.50	percent	[+]
Capacity Utilization	93.70	92.80	93.70	86.33	percent	[+]
Changes in Inventories	-201.00	105.00	769.00	-907.00	NZD Million	[+]
Car Registrations	4936.00	6061.00	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	54.70	53.00	60.90	44.70		[+]
Steel Production	55.37	58.20	89.00	30.94	Thousand Tonnes	[+]
Competitiveness Index	77.51	78.09	78.09	4.91	Points	[+]
Competitiveness Rank	18.00	16.00	25.00	16.00		[+]
Composite Pmi	52.10	52.50	59.50	40.00		[+]
Ease of Doing Business	1.00	1.00	3.00	1.00		[+]
Corruption Index	87.00	89.00	96.00	87.00	Points	[+]
Corruption Rank	2.00	1.00	4.00	1.00		[+]

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. This page provides - New Zealand Manufacturing Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Manufacturing Sales - actual data, historical chart and calendar of releases - was last updated on September of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	-0.40	2.10	17.60	-10.50	1995 - 2019	percent	Quarterly	NSA

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Country	Last		Previous	Range
Argentina	-1.90	Jul/19	-6.9	24.6 : -22.3	%
Australia	1.90	Jun/19	1.3	12.6 : -7.6	%
Brazil	-2.50	Jul/19	-5.9	37.2 : -27.7	%
Canada	1.44	Jun/19	2.87	10.26 : -14.52	%
China	4.80	Jul/19	6.3	29.4 : -21.1	%
Euro Area	-2.00	Jul/19	-2.4	9.7 : -21.4	%
France	-0.20	Jul/19	-0.1	12.1 : -19.5	%
Germany	-4.20	Jul/19	-4.7	15.3 : -21.8	%
India	4.30	Jul/19	1.2	19.9 : -7.2	%
Indonesia	8.10	Jul/19	3.6	34.5 : -25.4	%
Italy	-0.70	Jul/19	-1.2	17.5 : -25.9	%
Japan	0.70	Jul/19	-3.8	30 : -37.2	%
Mexico	-1.70	Jul/19	-2.9	23.82 : -17.5	%
Netherlands	-1.90	Jun/19	-1.2	13.9 : -19.2	%
Russia	2.80	Jul/19	3.3	17.7 : -16.9	%
Saudi Arabia	1.40	Dec/18	2.34	25.87 : -24.93	%
Singapore	-0.40	Jul/19	-8.1	58.6 : -32.2	%
South Africa	-1.10	Jul/19	-3.6	18.5 : -23.2	%
South Korea	0.60	Jul/19	-2.6	38.9 : -25.3	%
Spain	0.80	Jul/19	1.6	13.6 : -21.8	%
Switzerland	4.80	Jun/19	4.5	12.3 : -10.6	%
Turkey	-1.20	Jul/19	-3.7	27.3 : -21.2	%
United Kingdom	-0.90	Jul/19	-0.6	22.7 : -11.9	%
United States	0.50	Jul/19	1.1	62 : -33.7	%