8 Mar 2016

Manufacturing sales continue to grow

5:14 pm on 8 March 2016

Manufacturing sales volumes rose in the December quarter, led by petroleum and coal.

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Photo: 123rf

Official figures show that manufacturing sales volumes climbed a seasonally adjusted 1.3 percent in the December quarter.

That follows a 3.3 percent rise in the September period.

Petrol and coal manufacturing led the pack, followed by meat and dairy.

On the other hand, fruit, oil and cereal manufacturing fell.

Economists say the data is consistent with a fourth quarter growth rate of around 0.7 percent.

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