The volume of retail sales was relatively unchanged in the March 2022 quarter, following a strong increase in the December 2021 quarter, Stats NZ said today.
After price effects and seasonal patterns were removed, total sales volumes fell 0.5 percent in the March 2022 quarter, following an 8.3 percent increase in the December 2021 quarter.
“Continued volatility in vehicle and hardware sales resulted in flat retail volumes this quarter,” business financial statistics manager Melissa McKenzie said.
The largest falls were in motor vehicle and parts retailing, down 4.0 percent, and hardware, building, and garden supplies, down 5.5 percent. Both industries recorded strong rises of 19 percent and 32 percent respectively in the December 2021 quarter.
Visit our website to read this news story and information release or to download CSV files:
© Scoop Media
Support the news you loveScoop has been a champion of independent journalism and open publishing for over 20 years. It stands for informing New Zealanders through straight-talking independent journalism, and publishing news from politics and a huge range of sectors. Now, more than ever, sustainable financial support will help to keep these vital and participatory media services running.
Find out more and join us:
Become a member Get our free pānui