Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Retail Sales Increase 0.7 Percent


Retail Sales Increase 0.7 Percent

Seasonally adjusted total retail sales increased 0.7 percent in May 2003 compared with April 2003, according to Statistics New Zealand.

This follows decreases of 0.3 and 0.8 percent in April and March 2003, respectively. Seasonally adjusted sales for the core retailing group (which excludes the motor vehicle retailing and motor vehicle services storetypes) increased by 1.2 percent in May 2003, compared with April 2003.

Ten of the 15 storetypes recorded increases in seasonally adjusted sales in May 2003, compared with April 2003. The largest increases occurred in the motor vehicle retailing (up $19 million) and recreational goods (up $12 million) storetypes.

Of the five storetypes that decreased in sales, the largest decreases occurred in the motor vehicle services (down $28 million) and food retailing (down $6 million) storetypes. Three of the six regions recorded higher seasonally adjusted sales in May 2003 compared with April 2003.

The Auckland region recorded the largest increase (up $26 million) and the Waikato region recorded the largest decrease (down $5 million). Seasonally adjusted sales for the North Island region increased $32 million, while the South Island region recorded an increase of $8 million over the same period.

Total actual retail sales for May 2003 were $4,313 million – 4.2 percent higher than in May 2002.

Brian Pink

Government Statistician


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Elsewhere:


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>

ALSO:


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>

ALSO:

Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>