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


Petroleum Drives Wholesale Trade Growth

6 June 2006

Petroleum Drives Wholesale Trade Growth

Petroleum product sales led the 1.9 percent increase in seasonally adjusted wholesale trade sales for the March 2006 quarter, Statistics New Zealand said today. Close to half of this increase came from petroleum product wholesaling, which was up 11.6 percent for the quarter. The second largest increase was in food and grocery products wholesaling (up 2.5 percent). These increases were partly offset by decreases in primary product food wholesaling (down 6.3 percent), and metal and mineral wholesaling (down 7.9 percent).

The sales trend for the petroleum product wholesaling industry has risen 70.3 percent since the September 2003 quarter.

The total sales trend has generally been increasing since the June 2003 quarter. Seasonally adjusted wholesale stocks for the March 2006 quarter were 1.5 percent higher than for the December 2005 quarter.

Geoff Bascand

Acting Government Statistician


© Scoop Media

Business Headlines | Sci-Tech Headlines


Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>


Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>