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

 


Quiet quarter for retailers


Quiet quarter for retailers – Media release

Shoppers in New Zealand spent less in retail stores in the September quarter, Statistics New Zealand said today.

After adjusting for seasonal effects, the value of total retail sales fell 0.8 percent in the September 2012 quarter, compared with the June quarter.

The latest quarter’s fall was led by three of the largest retail industries, with less money being spent in:
• supermarket and grocery stores, down 1.6 percent
• motor-vehicle and parts retailers, down 1.8 percent
• fuel retailing, down 1.9 percent.

"Shoppers spent less in just over half of the retail industries this quarter," industry and labour statistics manager Blair Cardno said. "The only industry we saw them spending significantly more in was hardware, building, and garden supplies, which was lifted by higher sales in the Canterbury region."

When price effects are removed, the volume of total retail sales fell 0.4 percent, with shoppers buying less in nine of the 15 retail industries.

When we look at the longer-term picture, the trends for both total sales values and volumes have eased back since the strong growth in 2011.
--

Authorised by:
Geoff Bascand
Government Statistician

Published 14 November 2012


For more information about these statistics:
• Visit Retail Trade Survey: September 2012 quarter

• Open the attached files

Information release (PDF) Tables (Excel) Copy of this media release (PDF)

(See attached file: RetailTradeSurveySep12qtr.pdf)(See attached file: rts_sep12qtr_tables.xls)(See attached file: RetailTradeSurveySep12qtrMR.pdf)


RetailTradeSurveySep12qtrMR.pdf

rts_sep12qtr_tables.xls

RetailTradeSurveySep12qtr.pdf

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: RBNZ Keeps OCR At 3.5%, Signals Slower Pace Of Future Hikes

Reserve Bank governor Graeme Wheeler kept the official cash rate at 3.5 percent and signalled he won’t be as aggressive with future rate hikes as previously thought as inflation remains tamer than expected. The kiwi dollar fell to a seven-month low. More>>

ALSO:

Weather: Dry Spells Take Hold In South Island

Many areas in the South Island are tracking towards record dry spells as relatively warm, dry weather that began in mid-August continues... for some South Island places, the current period of fine weather is quite rare. More>>

ALSO:

Scoop Business: Productivity Commission To Look At Housing Land Supply

The Productivity Commission is to expand on its housing affordability report with an investigation into improving land supply and development capacity, particularly in areas with strong population growth. More>>

ALSO:

Forestry: Man Charged After 2013 Death

Levin Police have arrested and charged a man with manslaughter in relation to the death of Lincoln Kidd who was killed during a tree felling operation on 19 December 2013. More>>

ALSO:

Smells Like Justice: Dairy Company Fined Over Odour

Dairy company fined over odour Dairy supply company Open Country Dairy Limited has been convicted and fined more than $35,000 for discharging objectionable odour from its Waharoa factory at the time of last year’s ”spring flush” when milk supply was high. More>>

Scoop Business: Dairy Product Prices Decline To Lowest Since July 2012

Dairy product prices dropped to the lowest level since July 2012 in the latest GlobalDairyTrade auction, led by a slump in rennet casein and butter milk powder. More>>

ALSO:

SOE Results: TVNZ Lifts Annual Profit 25% On Flat Ad Revenue, Quits Igloo

Television New Zealand, the state-owned broadcaster, lifted annual profit 25 percent, ahead of forecast and despite a dip in advertising revenue, while quitting its stake in the pay-TV Igloo joint venture with Sky Network Television. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand

Mosh Social Media
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news