Kiwifruit, apple exporters help drive 2.6% growth in June quarter wholesale trade

Thu, 06 Sep 2018

By Paul McBeth Sept. 7 (BusinessDesk) - New Zealand's wholesale trade expanded for a 10th straight quarter, with strong sales for fruit exporters underpinning the gain. Seasonally adjusted sales rose 2.6 percent in the three months ended June 30, accelerating from a 0.3 percent pace of expansion in March, Statistics New Zealand said. An 11 percent increase in fruit exports through the month helped drive 3 percent growth in wholesale sales of grocery, liquor and tobacco products, the biggest sub-group in the series. "This industry’s i...

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