This data point not usually a big impact immediately on the forex for New Zealand
- total volume of manufacturing sales +1.4% q/q
- prior +1.5%
Nine of the 13 manufacturing industries had sales rises in the March 2018 quarter
- largest were transport equipment and machinery manufacturing, up 6.0 percent, and meat and dairy product manufacturing, up 2.2 percent
- A seven-year high in sales volumes for transport equipment and machinery manufacturing
- rise in transport equipment and machinery manufacturing follows a fall in the previous December quarter