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

 

Onetai Station: Overseas Investment Office Puts Ceol & Muir On Notice

The Overseas Investment Office (OIO) has issued a formal warning to Ceol & Muir and its owners, Argentinian brothers Rafael and Federico Grozovsky, for failing to provide complete and accurate information when they applied to buy Onetai Station in 2013. More>>

ALSO:

Tomorrow, The UN: Feds President Takes Reins At World Farming Body

Federated Farmers president Dr William Rolleston has been appointed acting president of the World Farmers’ Organisation (WFO) at a meeting in Geneva overnight. More>>

ALSO:

I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

ALSO:

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news