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

 


Weak winter in wholesale trade

Weak winter in wholesale trade – Media release

Mixed results in wholesaling industries led to a minor fall in total wholesale trade sales for the September 2012 quarter, Statistics New Zealand said today.

After adjusting for seasonal effects, total sales were down 0.3 percent ($67 million).

“Most wholesaling industries had higher sales this quarter. However, falls in the basic materials, and the other goods wholesaling industries just managed to tip the total wholesale trade sales balance into the negative," industry and labour statistics manager Blair Cardno said.

The basic materials wholesaling industry (down $141 million) covers businesses selling agricultural supplies, products, and raw materials. The other goods wholesaling industry (down $80 million) includes businesses selling pharmaceutical products, furniture, kitchenware, and personal goods (eg clothing and toiletries).

Motor vehicle and motor-vehicle parts wholesaling rebounded in the latest quarter and was up $88 million.

The trend for total wholesale sales has been flat since mid-2011, after a period of strong increases that started in late 2009.

The seasonally adjusted value of stocks rose 0.8 percent, to reach $9.0 billion.

--
Authorised by:
Geoff Bascand
Government Statistician

Published 7 December 2012

For more information about these statistics:
• Visit Wholesale Trade Survey: September 2012 quarter
• Open the attached files

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

(See attached file: WholesaleTradeSurveySep12qtr.pdf)(See attached file: wts-Sep12qtr-alltables.xls)(See attached file: WholesaleTradeSurveySep12qtrMR.pdf)

WholesaleTradeSurveySep12qtrMR.pdf

wtsSep12qtralltables.xls

WholesaleTradeSurveySep12qtr.pdf

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Wood Producers: Crisis In New Zealand Log Supply

New Zealand wood processing leaders held a hui with senior government officials and political leaders in Whangarei yesterday to assess the acute log supply shortage to local mills in Northland. More>>

Consents And Taxes: Trustpower 'Very Disappointed' With Judgement

Trustpower is "very disappointed" with a Supreme Court ruling dismissing its bid to claim tax deductions on $17.7 million of project costs in a case closely watched by large-scale infrastructure developers. More>>

ALSO:

Fruitful Endeavours: Kiwifruit Exports Reach Record Levels

In June 2016, kiwifruit exports rose $105 million (47 percent) from June 2015 to reach $331 million, Statistics New Zealand said today. Overall, goods exports rose $109 million (2.6 percent) in June 2016 (to $4.3 billion). More>>

ALSO:

Economic Update: RBNZ Says Rate Cut Seems Likely

The Reserve Bank will likely cut interest rates further as a persistently strong kiwi dollar makes it difficult for the bank to meet its inflation target, it said. The local currency fell. More>>

ALSO:

House Price Action Plan: RBNZ Signals National Lending Restrictions

The central bank wants to cap bank lending to property investors with a deposit of less than 40 percent at 5 percent and restore the 10 percent limit for owner-occupiers wanting to take out a mortgage with a deposit of less than 20 percent, according to a consultation paper released today. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news