NZ wholesale trade values increase for eighth consecutive quarter with modest 0.1% rise in 1Q

Thu, 07 Jun 2018

By Tina Morrison June 8 (BusinessDesk) - New Zealand wholesale trade rose for the eighth consecutive quarter in the first three months of this year, although the gain was the weakest result in two years as half of the industries registered falls. Seasonally adjusted sales advanced 0.1 percent in the March quarter, following a 2.9 percent rise in the December quarter, and marking the weakest reading since the March 2016 quarter, when sales values were flat, Statistics New Zealand said. Wholesale trade covers intermediary transactions be...

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