INDEPENDENT NEWS

Retail Sales Indicator - August 2000

Published: Thu 21 Sep 2000 03:29 PM
Seasonally adjusted retail sales for August are estimated at $3,684 million according to Statistics New Zealand's Retail Sales Indicator. This early estimate of retail sales suggests growth of 1.5 per cent on the July result. August sales, excluding the motor vehicle sales and servicing storetypes, were $2,600 million, a seasonally adjusted increase of 0.7 per cent on the corresponding July total.
The Retail Sales Indicator is derived from early responses to Statistics New Zealand's monthly Retail Trade Survey. For August, responses contributed 77 per cent of the published value of the indicator. The other 23 per cent comprises sales estimates for retailers who had not responded by 20 September. These estimates are based on the sales of other similar sized retailers, in a similar activity and location.
Final retail sales statistics for August, including the usual detailed storetype analysis, will be released on Thursday 5 October. Releases of the Retail Sales Indicator will generally be at 3pm on the 21st day of the month following the reference period or on the next business day should the date fall on a weekend or public holiday.
Ian Ewing DEPUTY GOVERNMENT STATISTICIAN
END:

Next in Business, Science, and Tech

North American Touch Downs Make Auckland Airport Most Connected In Australasia
By: Auckland Airport
Monetary Conditions Tighten By More And Sooner
By: Reserve Bank
The Download Weekly - Vodafone FibreX back in court
By: Digitl
Kiwibank Savers To Benefit From Higher Returns Following OCR Rise
By: Kiwibank
Fonterra Provides 2022/23 Opening Forecast Farmgate Milk Price & Business Performance Update
By: Fonterra
Quiet Start For Retail In 2022
By: Statistics New Zealand
View as: DESKTOP | MOBILE © Scoop Media