NZ retail sales rise in June quarter on Lions tour, Masters Games spending

Sun, 13 Aug 2017

By Sophie Boot Aug. 14 (BusinessDesk) - New Zealand retail sales rose in the June quarter, benefitting from increased consumer spending during the World Masters Games and the Lions rugby tour. Sales volumes gained 2 percent in the three months ended June 30, 2017, following a 1.6 percent rise in the March quarter, Statistics New Zealand figures show. The value of retail sales rose 1.6 percent, compared to the record 2.5 percent increase in the March quarter. Twelve of the 15 industries surveyed posted higher sales volumes in the quarte...

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