Embargoed until 10:45am – 6 December 2007
Steady rise for wholesale trade
Seasonally adjusted total wholesale trade sales for the September 2007 quarter increased 2.1 percent, Statistics New
Zealand said today. This follows a similar increase of 2.3 percent in June 2007.
Food and grocery products wholesaling recorded the largest increase for the September 2007 quarter, up 3.6 percent (or
$143 million), while the most notable decrease was recorded in the builders' supplies wholesaling industry, down 2.2
percent (or $38 million).
The total wholesale trade sales trend has been steadily increasing, up by 11.5 percent since a small decrease in the
December 2005 quarter.
Seasonally adjusted wholesale stocks for the September 2007 quarter fell 1.3 percent following a 1.8 percent rise in the
June 2007 quarter.
Geoff Bascand
Government Statistician
6 December 2007
ENDS