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

 


Retail Trade Survey: October 2004

14 December 2004

Retail Trade Survey: October 2004 -

Retail Trade Has Slow Month

Seasonally adjusted total retail sales increased 0.4 percent in October 2004, compared with September 2004, according to Statistics New Zealand. Twenty-two of the 24 retail storetypes recorded small dollar value movements. Only supermarket and grocery stores, and motor vehicle retailing recorded increases greater than $5 million.

Eleven of the 24 retail storetypes recorded higher seasonally adjusted sales this month. Recreational goods, and other retailing (which includes watches and jewellery, antiques and used goods, flowers, garden supplies, art galleries and souvenirs) recorded the largest decreases (both down $4 million). Other food retailing, footwear, household equipment repair services, and personal and household goods hiring were all relatively unchanged. Excluding the motor vehicle-related industries, seasonally adjusted retail sales increased 0.3 percent in October 2004, compared with September 2004.

On a regional basis, the retail sales trends for both the total North Island and the total South Island increased 0.4 percent in October 2004, compared with September 2004. The trends for all six regions recorded increases this month. Total actual retail sales for October 2004 were $4,600 million, 4.3 percent higher than in October 2003.

Brian Pink

Government Statistician

ENDS


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Half A Billion Accounts: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Half Full: Fonterra Raises Forecast Payout As Global Supply Shrinks

Fonterra Cooperative Group, the dairy processor which will announce annual earnings tomorrow, hiked its forecast payout to farmers by 50 cents per kilogram of milk solids as global supply continues to decline, helping prop up dairy prices. More>>

ALSO:

Results:

Meat Trade: Silver Fern Farms Gets Green Light For Shanghai Maling Deal

The government has given the green light for China's Shanghai Maling Aquarius to acquire half of Silver Fern Farms, New Zealand's biggest meat company, with ministers satisfied it will deliver "substantial and identifiable benefit". More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news