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TABLE-New Zealand retail sales nudge higher in Q2

Published 14/08/2015, 08:50 am
© Reuters.  TABLE-New Zealand retail sales nudge higher in Q2

WELLINGTON, Aug 14 (Reuters) - New Zealand retail sales volumes rose a seasonally adjusted 0.1 percent in the second quarter, as higher online sales offset drops in spending on fuel, accommodation, and bars and restaurants, official data showed on Friday.

Actual retail sales rose 5.9 percent on the year during the June quarter. Economists had forecast a 0.5 percent rise in quarterly sales volumes and a 5.2 percent gain in annual sales.

The rise in quarterly volumes was the smallest since the third quarter 2013.

Online and commission based sales rose 8.1 percent on the previous quarter, while fuel retailing fell 0.9 percent.

Excluding fuel and vehicle related spending, retail sales rose 0.1 percent for the quarter.

---------------------------------------------------------------- (Figures percentage changes. Past figures reflect calculation changes.) S/adj sales vols at constant prices from prev qtr:

Jun qtr

Pvs qtr

Qtr yr ago

+0.1

+2.3 (+2.7)

+1.4

(ex. autos)

+0.1

+2.5 (+2.9)

+1.5

--------------------------------------------------------------- S/adj sales from previous qtr:

Jun qtr

Pvs qtr

Qtr yr ago

+0.1

+1.5 (+1.7)

+1.3

(ex. autos)

-0.2

+2.6 (+3.0)

+1.6

--------------------------------------------------------------- Actual sales vols at constant prices, from yr ago qtr:

Jun qtr

Pvs qtr

Year ago

+5.9

+7.4

+3.6

(ex. autos)

+6.2

+7.5

+3.5

--------------------------------------------------------------- Actual sales, from same qtr previous year:

Jun qtr

Pvs qtr

Year ago

+4.1

+5.1

+3.8

(ex. autos)

+5.5

+7.2

+3.2

-------------------------------------------------------------- The full data is available at http://www.stats.govt.nz Third quarter retail sales data will be released on Nov 16.

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