Published 13 July 2009
Retail sales fell 2.4% in May compared to a year earlier, but were up 2.5% when vehicle-related sales were excluded.
Total sales fell $131 million to $5.268 billion, with car sales down 15.7% to $522 million and fuel sales down 18.8% to $512 million. The 4 vehicle-related categories were down $229 million (14.7%).
Non-vehicle sales rose by $98 million – fresh produce by 8.7% to $81 million, supermarket & grocery sales by 7.7% to $1.245 billion, recreation goods by 7.6% to $177 million. Furniture & floor coverings fell 14.2% to $101million, accommodation by 7% to $174 million.
These figures are unadjusted. Statistics NZ usually highlights seasonally adjusted figures (which I don’t trust), and did so again for May.
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Attribution: Statistics NZ tables & release, story written by Bob Dey for the Bob Dey Property Report.