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Wholesale trade sales down in June quarter

Wholesale trade sales down in June quarter

Embargoed until 10:45am – 07 September 2015

The value of wholesale trade sales was $21.8 billion in the June 2015 quarter, down $71 million (0.3 percent) from the June 2014 quarter, Statistics New Zealand said today.

After adjusting for seasonal effects, wholesale trade sales fell slightly, down 0.1 percent in the quarter, after a 0.7 percent fall in the March 2015 quarter.

"The wholesaling industries had mixed results this quarter," business indicators senior manager Neil Kelly said. "Three of the six industries had higher sales, and three had lower sales."

The wholesaling industries with the largest sales movements in the June 2015 quarter, compared with the March 2015 quarter were: • grocery, liquor, and tobacco products – up 1.4 percent ($98 million), led by increased fruit exports

• basic material – down 1.4 percent ($68 million)

• machinery and equipment – down 1.4 percent ($61 million), due to agricultural and construction machinery.

The trend for wholesale trade sales has generally been rising since the September 2009 quarter, but it has fallen in recent quarters. However, the trend remains at a high level.

Ends

WholesaleTradeSurveyJun15qtr.pdf
wtsjun15qtrtables.xls

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