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Wholesale trade up in December quarter

Wholesale trade up in December quarter

7 March 2014

Wholesale trade sales rose during the December 2013 quarter, Statistics New Zealand said today.

Seasonally adjusted sales were up 2.7 percent, to reach $21.6 billion.

"Every wholesaling industry reported increases during the latest quarter," industry and labour statistics manager Blair Cardno said. "This has not occurred since the September 2010 quarter."

Basic materials wholesaling had the biggest increase in the December 2013 quarter, up $172 million (3.7 percent). This industry includes businesses that trade in agricultural supplies and products (excluding food), raw materials, and construction supplies.

Other goods wholesaling increased $134 million (4.2 percent). This industry includes businesses that trade in pharmaceutical, stationery, furniture, and textile materials.

Machinery and equipment wholesaling had a quarterly increase of $133 million (3.0 percent). This industry includes businesses that trade in consumer electronics, telecommunications equipment, professional and scientific instruments, and agricultural machinery.

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 fell 1.7 percent down to $9.1 billion.

For more information about these statistics visit Wholesale Trade Survey: December 2013 quarter

ENDS

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