NZ wholesale trade up 2.5% in 11th straight quarterly rise

Thu, 06 Dec 2018

By Rebecca Howard Dec. 7 (BusinessDesk) - New Zealand's wholesale trade rose for the 11th straight quarter with kiwifruit exports the standout performer. Seasonally adjusted sales increased 2.5 percent in the three months ended Sept. 30 after a 2.6 percent rise in the June quarter, Statistics New Zealand said. Five of the six wholesaling industries were up in the September 2018 quarter. The largest industry increase was in grocery, liquor, and tobacco wholesaling, which was up 4.1 percent. “This industry’s increase was led by high...

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