NZ retail sales rise 0.8% in Dec qtr, auto sector dominates

Thu, 16 Feb 2017

By Sophie Boot Feb. 17 (BusinessDesk) - New Zealand retail sales gained in the fourth quarter, led again by motor vehicle and parts retailing, with eleven of the 15 industries monitored seeing higher sales volumes. The volume of retail sales increased a seasonally adjusted 0.8 per cent in the three months ended Dec. 31, from a 0.9 percent rise in the September quarter, Statistics New Zealand said today. The total value of retail sales, seasonally adjusted, rose 1.1 percent in the quarter to $21.08 billion. Motor vehicle and parts retai...

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