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

 


Core Retail Sales Up, Vehicles Down

Retail Trade Survey: October 2005

Core Retail Sales Up, Vehicles Down

Seasonally adjusted total retail sales decreased 0.2 percent in October 2005, Statistics New Zealand said today. However, sales for the core retailing group (which excludes vehicle-related industries) remained steady, increasing 1.1 percent.

The majority of the 24 retail industries recorded relatively small dollar value movements or remained unchanged, with only cafes and restaurants (up 3.9 percent), and supermarket and grocery stores (up 1.0 percent), recording increases greater than $10 million.

Motor vehicle retailing recorded the largest decrease in sales, falling 7.0 percent in October 2005 compared to September 2005. This was the second consecutive monthly decrease in the motor vehicle retailing industry, with a 10.9 percent decrease recorded in September 2005, following a strong increase of 7.7 percent in August 2005.

The sales trend for total retail sales has been increasing since May 1998, with sales 6.7 percent higher in October 2005 compared to October 2004. On a regional basis, the trend has generally been increasing for all regions, with the Remainder of the North Island and Canterbury regions recording the strongest growth in October 2005 compared to October 2004.

ENDS

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

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

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:

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>>

ALSO:

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:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news