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2001 Retail Sales Continue to Grow

Retail Trade Survey - May 2001

Seasonally adjusted retail sales increased 0.4 per cent in May 2001 compared with April 2001, according to Statistics New Zealand. Seasonally adjusted sales for the core retailing group (which excludes the motor vehicle services and retailing storetypes) remained virtually unchanged.

The trend for total retail sales has increased by 18.1 per cent since September 1997.

The largest contributions to the seasonally adjusted increase in retail sales in May 2001 were from the motor vehicle services storetype, up $26 million or 4.5 per cent, and other stores storetype, up $10 million or 4.9 per cent. The other stores storetype includes antique and used goods retailing, garden supplies retailing, flower retailing, watch and jewellery retailing, and household equipment repairs.

Brian Pink Government Statistician

END

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