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Christchurch spending bounces back in June

Christchurch spending bounces back in June

23 September 2016

Shoppers in Christchurch city spent more in the June 2016 quarter, after a quiet March quarter, Statistics New Zealand said today.

After seasonal fluctuations are removed, shoppers spent 2.2 percent more in the retail sector, more than recovering from a 1.1 percent dip in spending in the March 2016 quarter.

"This quarter's rise in the retail sector was driven by increased vehicle sales. On the other hand, hospitality businesses had a slightly quieter patch in June," senior business indicators manager Neil Kelly said.

Hospitality sales in the June quarter, were up 0.7 percent, following gains of around 2.0 percent in each of the previous two quarters.

Christchurch's combined retail and hospitality sales increased 2.0 percent in the June 2016 quarter. This follows a 0.6 percent fall in March 2016 and a 1.1 percent rise in the December 2015 quarter.

National sales rose 2.2 percent for the June 2016 quarter (see Retail Trade Survey: June 2016 quarter).

Looking at the longer-term picture, the trend for combined retail and hospitality sales in Christchurch has risen 34 percent in the six years since the June 2010 quarter (before the earthquakes began). This compares with a 28 percent rise at the national level over the same period.

In actual terms, Christchurch's total sales for the June 2016 quarter were $1.9 billion, up 4.8 percent from the same quarter in 2015. This follows a 3.8 percent increase in the March 2016 quarter.

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The Christchurch retail trade indicator series measures activity in the retail and hospitality industries. It provides information on the state of these industries after the Canterbury earthquakes that began in September 2010.

Based on feedback from customers, and reduced demand for this information, we are discontinuing the Christchurch retail trade indicator series after the September 2016 quarter (to be published 20 December 2016).

For more information about these statistics:

• Visit Christchurch Retail Trade Indicator: June 2016 quarter

ends

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