Published 15 June 2011
Retail sales dropped $1 billion from the December quarter to $16.5 billion in the March quarter, but were 3.4% ($537 million) ahead of a year ago.
Sales for core industries (excluding vehicles & fuel) were 2.4% ahead of the March quarter 2010 at $12.7 billion. Vehicle sales rose 4.8% to $1.97 billion, fuel by 8.4% to $1.86 billion, taking the total increase to 3.4%.
The biggest category, groceries, rose 5.9% ($333 million) to $4.2 billion.
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Attribution: Statistics NZ tables, story written by Bob Dey for the Bob Dey Property Report.