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.
Published 7 December 2012
For more information about these
• 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)