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

 

Half Full: Dairy Payouts Steady, Cash Will Be Tight

Industry body DairyNZ is advising farmers to focus on strong cashflow management as they look ahead to the 2015-16 season following Fonterra's half-year results announcement today. More>>

ALSO:

First Union: Cotton On Plans To Use “Tea Break” Law

“The Prime Minister reassured New Zealanders that ‘post the passing of this law, will you all of a sudden find thousands of workers who are denied having a tea break? The answer is absolutely not’... Cotton On is proposing to remove tea and meal breaks for workers in its safety sensitive distribution centre. How long before other major chains try and follow suit?” More>>

ALSO:

Scoop Business: NZ-Korea FTA Signed Amid Spying, Lost Sovereignty Claims

A long-awaited free trade agreement between New Zealand and South Korea has been signed in Seoul by Prime Minister John Key and the Korean president, Park Geun-hye. More>>

ALSO:

PM Visit: NZ And Viet Nam Agree Ambitious Trade Target

New Zealand and Viet Nam have agreed an ambitious target of doubling two-way goods and service trade to around $2.2 billion by 2020, Prime Minister John Key has announced. More>>

ALSO:

Scoop Business: NZ Economy Grows 0.8% In Fourth Quarter

The New Zealand economy expanded in the fourth quarter as tourists drove growth in retailing and accommodation, and property sales increased demand for real estate services. More>>

ALSO:

Scoop Business: RBNZ’s Wheeler Keeps OCR On Hold, No Rate Hikes Ahead

The Reserve Bank has removed the prospect of future interest rate hikes from its forecast horizon as a strong kiwi dollar and cheap oil hold down inflation, and the central bank ponders whether to lower its assessment of where “neutral” interest rates should be. The kiwi dollar gained. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news