Retailers' sales up

21:58, Nov 08 2012

Marlborough retailers had a modest increase in sales last month, the latest Paymark figures show.

The electronic transaction data for last month shows $41.8 million was spent in Marlborough in October, up 2.7 per cent on October 2011.

The volume of sales increased 3.2 per cent to 830,000 transactions last month.

The figures show Marlborough is on par with the national average, which showed increased spending of 2.7 per cent.

Paymark spokesman Paul Whiston said the slight national increase was indicative of the time of year, and spending typically ramped up from mid-November.

However, Mr Whiston warned retailers should not to be too optimistic.


"It's important not to be too expectant - anticipate a boost but not necessarily a boom."

Canterbury and South Canterbury showed the biggest increases in spending for the month, up 6.5 per cent and 5.5 per cent respectively.

Although the spending figures did not fall in any region, Auckland-Northland barely achieved 1 per cent growth, probably because of the boost during last year's Rugby World Cup.

The Paymark network processes more than 75 per cent of all electronic transactions in New Zealand.


The Marlborough Express