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

 


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

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

SOE Results: TVNZ Lifts Annual Profit 25% On Flat Ad Revenue, Quits Igloo

Television New Zealand, the state-owned broadcaster, lifted annual profit 25 percent, ahead of forecast and despite a dip in advertising revenue, while quitting its stake in the pay-TV Igloo joint venture with Sky Network Television. More>>

ALSO:

Insurers Up For More Payouts: Chch Property Investor Wins Policy Appeal In Supreme Court

Ridgecrest NZ, a property investor, has won an appeal in the Supreme Court over insurance cover provided by IAG New Zealand for a Christchurch building damaged in four successive earthquakes. More>>

ALSO:

Other Cases:

Royal Society: Review Finds Community Water Fluoridation Safe And Effective

A review of the scientific evidence for and against the efficacy and safety of fluoridation of public water supplies has found that the levels of fluoridation used in New Zealand create no health risks and provide protection against tooth decay. More>>

ALSO:

Scoop Business: Croxley Calls Time On NZ Production In Face Of Cheap Imports

Croxley Stationery, whose stationery brands include Olympic, Warwick and Collins, plans to cease manufacturing in New Zealand because it has struggled to compete with lower-cost imports in a market where the printed word is giving way to electronic communications. More>>

ALSO:

Prefu Roundup: Forecasts Revised, Surplus Intact

The National government heads into the election with its Budget surplus target broadly intact, delivering a set of economic and fiscal forecasts marginally revised from May to reflect weaker commodity prices and a lower tax take. More>>

ALSO:

Convention Centre: Major New SkyCity Hotel And Laneway For Auckland

Today SKYCITY Entertainment Group Limited revealed plans to build a new hotel and pedestrian laneway of bars, restaurants and boutique shopping on land it owns in the Nelson and Hobson Streets block, expanding the SKYCITY Entertainment Precinct. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news