Retail Sales Indicator (Experimental): July 2000

Retail Sales Indicator (Experimental): July 2000

Retail Sales Indicator - July 2000

Seasonally adjusted retail sales for July are estimated at $3,641 million according to Statistics New Zealand's Retail Sales Indicator. This early estimate of retail sales suggests growth of 1.1 per cent on the June
result. July sales, excluding the motor vehicle sales and servicing storetypes, were $2,601 million, a seasonally adjusted increase of 1.7 per cent on the corresponding June total.

The Retail Sales Indicator is derived from early responses to Statistics New Zealand's monthly Retail Trade Survey. For July, these responses contributed 75 per cent of the published value of the indicator. The other 25 per cent comprises sales estimates for retailers who had not responded by 20 August. These estimates are based on the sales of other similar sized retailers, in a similar activity and location.

Final retail sales statistics for July, including the usual detailed storetype analysis, will be released on Tuesday 5 September. This is a day later than originally advertised. Releases of the Retail Sales Indicator will generally be at 3pm on the 21st day of the month following the reference period or on the next business day should the date fall on a weekend or public holiday.

Ian Ewing DEPUTY GOVERNMENT STATISTICIAN END Helen Vare Printing and Distribution Manager Statistics New Zealand Phone: (04) 495 4721 Fax: (04) 473 2626 Email: helen_vare@stats.govt.nz Home Page: http://www.stats.govt.nz The information in this email, and any files transmitted with it, is confidential and is for the intended recipient only. If you receive this message in error, please phone us (collect) on 04-495-4600, or notify us via postmaster@stats.govt.nz Hot Off The Press- the first release of the latest statistics. To view visit, www.stats.govt.nz

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