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)





© Scoop Media

Business Headlines | Sci-Tech Headlines


DIY: Kiwi Ingenuity And Masking Tape Saves Chick

Kiwi ingenuity and masking tape has saved a Kiwi chick after its egg was badly damaged endangering the chick's life. The egg was delivered to Kiwi Encounter at Rainbow Springs in Rotorua 14 days ago by a DOC worker with a large hole in its shell and against all odds has just successfully hatched. More>>


Trade: Key To Lead Mission To India; ASEAN FTA Review Announced

Prime Minister John Key will lead a trade delegation to India next week, saying the pursuit of a free trade agreement with the protectionist giant is "the primary reason we're going" but playing down the likelihood of early progress. More>>



MYOB: Digital Signatures Go Live

From today, Inland Revenue will begin accepting “digital signatures”, saving businesses and their accountants a huge amount of administration time and further reducing the need for pen and paper in the workplace. More>>

Oil Searches: Norway's Statoil Quits Reinga Basin

Statoil, the Norwegian state-owned oil company, has given up oil and gas exploration in Northland's Reinga Basin, saying the probably of a find was 'too low'. More>>


Modern Living: Auckland Development Blowouts Reminiscent Of Run Up To GFC

The collapse of property developments in Auckland is "almost groundhog day" to the run-up of the global financial crisis in 2007/2008 as banks refuse to fund projects due to blowouts in construction and labour costs, says John Kensington, the author of KPMG's Financial Institutions Performance Survey. More>>


Health: New Zealand's First ‘No Sugary Drinks’ Logo Unveiled

New Zealand’s first “no sugary drinks logo” has been unveiled at an event in Wellington... It will empower communities around New Zealand to lift their health and wellbeing and send a clear message about the damage caused by too much sugar in our diets. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news