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

 

Retail Trade Survey: March 2004 quarter

Retail Trade Survey: March 2004 quarter

14 May 2004

March Quarter Retail Sales Increase Seasonally adjusted total retail sales increased 2.8 percent in the March 2004 quarter, compared with the December 2003 quarter, according to Statistics New Zealand.

Excluding the motor vehicle related industries, seasonally adjusted retail sales increased 2.1 percent over the same period. On a monthly basis, seasonally adjusted total retail sales increased 2.3 percent in March 2004, compared with February 2004.

The volume of seasonally adjusted total retail sales rose 2.6 percent in the March 2004 quarter, compared with the December 2003 quarter. This follows rises of 1.3 percent in the December 2003 quarter and 2.2 percent in the September 2003 quarter. Twenty-one of the 24 retail industries recorded higher seasonally adjusted sales in the March 2004 quarter, compared with the December 2003 quarter.

The largest dollar value increases occurred in motor vehicles and automotive fuel, up $80 million and $74 million, respectively. Personal and household goods hiring recorded the only decrease, down $4 million.

Seasonally adjusted sales for the total North Island increased 2.8 percent in the March 2004 quarter, compared with the December 2003 quarter. Over the same period, the total South Island seasonally adjusted sales increased 4.0 percent.

Total actual retail sales for the March 2004 quarter were $13,364 million, 8.4 percent higher than for the March 2003 quarter.

ENDS

© 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>>