Shoppers ease up spending

JAMES WEIR
Last updated 11:09 09/04/2014

Relevant offers

Money

Working for Families system 'not properly helping those most in need' Rising damp a major problem in Wellington houses - Victoria University Data shows buyers giving up on Auckland, shifting to cheaper areas Less than half of product recalls work: Consumer Young people limiting retirement savings by choosing wrong funds Retailers aggrieved over Goverment's delay on GST for small imports Consumers suffer when financial advisers offered big perks Kaitangata: Little rural town's big incentive to attract city-dwellers Coming months may be tough going for sharemarket but downturn won't last Whanganui tops first-home affordability ratings

Shoppers are taking their foot off the pedal, with shop sales flat in March, as people spent less on fuel and clothes.

After adjusting for usual seasonal changes, total retail spending was unchanged in March, after a 0.8 per cent lift in February, according to Statistics NZ.

Fuel sales fell for the second month in a row, dropping 1.7 per cent, a drop of $13 million.

Clothing sales were down 2.4 per cent, a drop of $7m.

But sales of consumables, including food and drink retailing, were up 0.4 per cent or $6m.

Core retail sales, excluding cars and fuel, were also almost flat, rising just 0.1 per cent.

In unadjusted terms, 119 million transactions were made across all industries in March, with an average value of $52.

The total amount spent across all transactions was $6.2 billion.  

Ad Feedback

- Fairfax Media

Comments

Special offers

Featured Promotions

Sponsored Content