Published 14 June 2009
Declines in car & fuel sales took national retail sales in April from 2.5% growth over April 2008 to a 1.7% decline.
Car sales, which Statistics NZ said can be volatile but have been down for months, were 18.2% down on the April 2008 level at $$521 million. Fuel sales were down 11.1% to $522 million. The other 2 automotive categories (for smash repairs, electrical, tyres) were both down 3% or less to a combined $283 million.
Only 2 other retail categories moved by more than 10% – fresh produce upward by 12.9% to $79 million and furniture & floor coverings downward by 26% to $90 million.
Sales by supermarkets & grocery stories rose by 9% to $1.237 billion and takeaway sales rose by 9.3% to $108 million.
Statistics NZ said the trend in total retail sales had been in decline or flat since January 2008 and had fallen 3.5% since then. However, the rate of decline had eased since January 2009 and the trend had flattened.
Auckland sales fell 2% to $1.66 billion in April.
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Attribution: Statistics NZ tables & release, story written by Bob Dey for the Bob Dey Property Report.