Wholesale trade up in September quarter
Wholesale trade up in September quarter – Media release
6 December 2013
Wholesale trade sales rose during the September 2013 quarter, Statistics New Zealand said today.
Seasonally adjusted sales were up 1.5 percent in the latest quarter.
"Total wholesaling sales rebounded in September, after a similar-sized fall in the June quarter," industry and labour statistics manager Blair Cardno said. "Five of six industries had higher sales in the latest quarter."
The largest rises were:
• Motor vehicles and motor-vehicle parts wholesaling – up 5.9 percent ($103 million).
• Grocery, liquor, and tobacco product wholesaling – up 1.6 percent ($102 million).
The only decrease in the September quarter was in the other goods wholesaling industry. Sales fell 1.9 percent ($62 million). This industry contains businesses trading in pharmaceuticals, office supplies, textiles, and furniture.
The trend for total wholesale trade sales has generally been increasing since the low point in mid-2009.
For wholesale stocks, the seasonally adjusted value rose 2.3 percent – to $9.2 billion.