New Zealand Retail Sales Fall 0.7% In Q1

The total volume of retail sales in New Zealand was down a seasonally adjusted 0.7 percent on quarter, Statistics New Zealand said on Friday - following the downwardly revised flat reading in the three months prior (originally a 0.7 percent increase).

The value of retail sales (with price effects included) fell 0.4 percent (NZ$89 million) as 10 of the 16 regions showed lower sales values.

On a yearly basis, retail sales advanced 2.3 percent - slowing from the 3.3 percent increase in the previous three months.

For comments and feedback contact: editorial@rttnews.com

[Economic News][1]

What parts of the world are seeing the best (and worst) economic performances lately? Click[here][2] to check out our [Econ Scorecard][2] and find out! See up-to-the-moment rankings for the best and worst performers in [GDP][3], [unemployment rate][4], [inflation][5] and much more.

  1. www.rttnews.com/Content/EconomicNews.aspx
  2. www.rttnews.com/economic-scorecard/world-rank/industrial-production/highest-performance.aspx
  3. www.rttnews.com/economic-scorecard/world-rank/GDP/highest-performance.aspx
  4. www.rttnews.com/economic-scorecard/world-rank/unemployment-rate/lowest-performance.aspx
  5. www.rttnews.com/economic-scorecard/world-rank/CPI/highest-performance.aspx