NZ wholesale trade value rises for 7th quarter in December with gains across all industries

Tue, 06 Mar 2018

By Tina Morrison March 7 (BusinessDesk) - New Zealand wholesale trade rose for the seventh consecutive quarter in the last three months of 2017, with all industries reporting higher sales Seasonally adjusted sales advanced 3 percent in the December quarter, following a 1.4 percent rise in the September quarter and marking the largest increase since the September 2010 quarter, when sales values gained 3.8 percent, Statistics New Zealand said. Wholesale trade covers intermediary transactions between manufacturers and consumers, which fee...

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