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

 

June Quarter Retail Sales Increase 0.3 Percent

June Quarter Retail Sales Increase 0.3 Percent

Seasonally adjusted total retail sales increased 0.3 percent in the June 2003 quarter, compared with the March 2003 quarter, according to Statistics New Zealand. This was the result of a monthly decrease of 0.2 percent in April, followed by monthly increases of 0.9 percent in May and 0.5 percent in June.

Eleven of the 15 storetypes recorded higher seasonally adjusted sales, compared with the March 2003 quarter. The largest contributors to the increase in seasonally adjusted sales were the motor vehicle retailing (up $53 million) and recreational goods (up $27 million) storetypes.

The motor vehicle services storetype, which fell by $102 million, recorded the largest decrease. The volume of total seasonally adjusted retail sales increased 1.5 percent in the June 2003 quarter, compared with the March 2003 quarter. This follows increases of 0.9 percent in the March 2003 quarter and 1.3 percent in the December 2002 quarter.

All North Island regions recorded higher seasonally adjusted sales in the June 2003 quarter compared with the March 2003 quarter. The largest increase in seasonally adjusted sales occurred in the Remainder of the North Island (which includes all areas outside the Auckland, Waikato and Wellington regions) (up $21 million). Both South Island regions recorded decreases. The largest decrease in seasonally adjusted sales occurred in the Remainder of the South Island, which includes all areas outside the Canterbury region (down $8 million).

Total actual retail sales for the June 2003 quarter were $12,581 million, 4.6 percent higher than in the June 2002 quarter.

Brian Pink Government Statistician END


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Mycoplasma Bovis: More Properties Positive

One of the latest infected properties is in the Hastings district, the other three are within a farming enterprise in Winton. The suspect property is near Ashburton. More>>

ALSO:

Manawatū Gorge Alternative: More Work Needed To Choose Route

“We are currently working closely and in partnership with local councils and other stakeholders to make the right long-term decision. It’s vital we have strong support on the new route as it will represent a very significant long-term investment and it will need to serve the region and the country for decades to come.” More>>

ALSO:

RBNZ: Super Fund Chief To Be New Reserve Bank Governor

Adrian Orr has been appointed as Reserve Bank Governor effective from 27 March 2018, Finance Minister Grant Robertson says. More>>

ALSO:

ScoopPro: Helping PR Professionals Get More Out Of Scoop

Scoop.co.nz has been a fixture of New Zealand’s news and Public Relations infrastructure for over 18 years. However, without the financial assistance of those using Scoop in a professional context in key sectors such as Public Relations and media, Scoop will not be able to continue this service... More>>

Insurance: 2017 Worst Year On Record For Weather-Related Losses

The Insurance Council of New Zealand (ICNZ) announced today that 2017 has been the most expensive year on record for weather-related losses, with a total insured-losses value of more than $242 million. More>>

ALSO: