Furniture spending up, booze spending down

CLAIRE ROGERS
Last updated 11:43 09/11/2012

Relevant offers

National business

Celebrity chef Jo Seagar owes $1.6 million to creditors Real estate website data debunks Chinese buyer claims Retirement myths debunked Ashburton woman Te Atatu Hemi left a paraplegic after incident with forklift Online store takes photographer's $3000 for lens it never delivered, then leaves NZ United Sweets of New Zealand placed into liquidation High court bid in wings to shed light on TPP talks Kirkcaldie & Stains shareholders vote to sell historic Wellington store Inland port at Rolleston means more freight for Timaru Business confidence takes a dive deeper into the red in July

Eftpos and credit card spending in the core retail sectors rose 0.2 per cent last month, with shoppers buying up on durables such as appliances and furniture.

Spending on durables, which also includes hardware, pharmacy and cosmetics retailing, lifted 0.7 per cent or $7 million last month on September, according to seasonally adjusted figures from Statistics New Zealand.

Card spending on consumables, such as food and liquor, fell 0.6 per cent or $9m, compounding a 0.7 per cent or $11m slip in the category in September.

Total retail card spending including fuel and vehicle purchases lifted 0.4 per cent – helped along by a 1.6 per cent or $11m boost in fuel spending. Petrol prices began to fall late last month as international prices eased, and are now at their lowest level since late July.

Acting industry labour and statistics manager Tehseen Islam said spending rose in most retail industries last month, but fuel and durables were the only ones to record significant rises.

Total card spending, including in non-retail sectors such as travel and health, was up 0.4 per cent for the month.

Core retail card spending slumped 0.9 per cent in September.

Ad Feedback

- BusinessDay.co.nz

Special offers

Featured Promotions

Sponsored Content