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


Retail Sales Up 0.7 Percent

Retail Trade Survey: April 2005

Retail Sales Up 0.7 Percent

Seasonally adjusted total retail sales increased 0.7 percent in April 2005, Statistics New Zealand said today. This follows a decrease of 0.3 percent in March and an increase of 1.6 percent in February. Eighteen of the 24 retail industries moved in an opposite direction in April compared with their movement in March. Purchasing patterns in some industries may have been affected by the entire Easter weekend occurring within March, as opposed to April, for the first time since 1997.

The largest upward contributions to this month's increase came from clothing and softgoods retailing (up 7.1 percent or $14 million); auto electrical, smash repair and tyre retailing (up 12.2 percent or $13 million); and appliance retailing (up 4.1 percent or $8 million). These three industries had decreases in March 2005. The largest downward contribution to this month's increase came from department store sales (down 10.9 percent or $33 million).

The retail sales trend has increased steadily since May 1998, with an average monthly increase of 0.5 percent over the period. On a regional basis, since February 2005 the trend has shown strongest growth in the Canterbury and Auckland regions, while growth has been relatively flat for Wellington over the same period.

Ian Ewing

Acting Government Statistician


© Scoop Media

Business Headlines | Sci-Tech Headlines


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>>


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>>


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>>


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>>


Half A Billion Accounts, Including Xtra: 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>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news