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Vehicle-Related Industries Fuel Retail Sales

Vehicle-Related Industries Fuel Retail Sales

Seasonally adjusted total retail sales increased 1.5 percent in the June 2005 quarter, Statistics New Zealand said today. The most significant upward contributions to this quarter's movement were all from the motor vehicle-related industries. These were: automotive fuel retailing; auto electrical, smash repair and tyre retailing; and other automotive repair and services. The largest decrease occurred in motor vehicle retailing.

With price effects removed, seasonally adjusted retail sales increased 1.3 percent in the June 2005 quarter. The retail trade deflators show there was a mix of price increases and decreases this quarter. The largest price increase came from automotive fuel, while the largest decrease came from accommodation.

On a monthly basis, seasonally adjusted sales increased 1.2 percent in June 2005 following a decrease of 0.5 percent in May and an increase of 0.6 percent in April.

The trend for total retail sales has been increasing steadily since a period of decline in 1998. Industries showing the most significant growth over the year to June 2005 are appliance retailing, fuel retailing, hardware retailing, takeaway food retailing, and other food retailing. On a regional basis, growth over the year to June 2005 has been strongest in Canterbury and the remainder of the North Island regions.

Brian Pink
Government Statistician

There is a companion Hot Off The Press information release published – Retail Trade Survey: June 2005 quarter.

ENDS

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