INDEPENDENT NEWS

GST Sales Increase in June Quarter

Published: Mon 30 Oct 2000 04:49 PM
Business Activity (GST) Indicator: June 2000 quarter
Seasonally adjusted sales for the June 2000 quarter increased by 1.9 per cent compared with the March 2000 quarter according to Statistics New Zealand. This includes all sales by GST registered businesses and is a broad-based indicator of economic activity.
The main contributions to the increase came from wholesale trade, and property and business services. Wholesale trade was influenced by a continued rise in primary product food sales. Inflationary pressures on businesses, as reported in recent Producers Price Index (PPI) releases, appear to have impacted on sales values this quarter. Higher prices were due to rising input costs, coupled with the low exchange rate and higher commodity prices.
Ian Ewing Deputy Government Statistician
END

Next in Business, Science, and Tech

Power panel favours scrapping low-fixed charges
By: BusinessDesk
PEPANZ gas report nothing but "fake news and flatulence"
By: Greenpeace New Zealand
Biosecurity New Zealand – Situation Update 2
By: Biosecurity NZ
Making sure multinationals pay their fair share
By: New Zealand Government
Second paper for the Electricity Price Review published
By: Ministry of Business Innovation and Employment
Power price spike put margin squeeze on NZ producers in Dec
By: BusinessDesk
CORRECT: Meridian posts record 1H operating earnings
By: BusinessDesk
Response to the Electricity Price Review options paper
By: Electricity Networks Association
ERANZ to work with government and industry on EPR paper
By: ERANZ
Meridian welcomes Electricity Price Review Panels PPD stance
By: Meridian Energy
FinCap welcomes Electricity Price Review Options paper
By: FinCap
Electricity in the spotlight
By: Statistics New Zealand
Exploration ban may cut GDP by $38 billion - NZIER
By: BusinessDesk
NZIER report shows $28b blow to economy from oil and gas ban
By: PEPANZ
View as: DESKTOP | MOBILEWe're in BETA! Send Feedback © Scoop Media