Thursday 13th January 2011 |
Text too small? |
New data points to a poor Christmas for retailers, with seasonally adjusted electronic card transactions falling 1.2% in December from November.
For just retail industries, the fall was a seasonally adjusted 0.9%, while for core retail, which excludes vehicle-related industries, the fall was 1.6%.
Statistics New Zealand said all industries had recorded falls, except for fuel retailing which rose 3.3%.
Electronic card transactions of durable items - including furniture, hardware and appliances - were down a seasonally adjusted 1.2%, while for consumables - such as food and liquor - the fall was 0.6%.
The decline follows increases of at least 1% in the total value of electronic card transactions for each of the preceding three months.
The actual value of transactions in the core retail series was 3.9% higher than in December 2009.
NZPA
No comments yet
Contact secures gas supply
MCK - MARKET UPDATE ON RESPONSE TO CDLHHNZ TAKEOVER NOTICE
January 22nd Morning Report
ATM - 1H25 Results Announcement Date and Webcast Notification
MCK RECEIVES TAKEOVER OFFER FROM CDLHHNZ
PHL - Senior Manager Change
Steel & Tube 1H25 Interim Results to be announced on 24 Feb
January 20th Morning Report
KPG - Changes to the Kiwi Property Board
IKE - Timing of Quarterly Performance Update and Conference Call