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Retail sales continue to surge

13
Mar '07
Seasonally adjusted total retail sales increased 0.5 percent in January 2007, Statistics New Zealand said today. This increase was the result of a 1.0 percent rise in the core retailing group (which excludes vehicle-related industries), tempered by a 4.2 percent fall in automotive fuel sales.

Half of the 24 retailing industries had increased sales in January, while the remaining half recorded decreases. Department stores, and cafes and restaurants had the largest rises, while automotive fuel retailing, and supermarket and grocery stores had the largest falls for the month.

Sales for four of the five food-related industries (supermarket and grocery stores, fresh produce retailing, other food retailing, and cafes and restaurants) have been trending downwards for the past three to five months. However, the trend for takeaway food retailing has been increasing steadily for the past nine months

Regionally, Wellington and Auckland had the largest increases in seasonally adjusted sales, while Waikato and the Remainder of the North Island had decreases.

The total retail sales trend continues to rise steadily

Statistics New Zealand


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