Story image

March a good a month for New Zealand retailers

14 Apr 15

Retail spending using electronic cards experienced increased growth within the month of March 2015, with Statistics New Zealand revealing an increase of $167 million to $4.7 billion, up 3.7% from March 2014.

The organisation says card spending rose in all retailer industries except for fuel.

When adjusted for seasonal effects, retail spending was up 0.8% in March 2015 compared with February 2015. This rise follows a 1.1% rise in February.

"After removing seasonal effects, spending rose in four of the six retail industries," business indicators manager Neil Kelly says. "The largest increase came from the consumables industry."

Core retail spending (which excludes the vehicle-related industries) rose 0.8% in March 2015, following a 1.2% rise in February 2015.

The total value of electronic card spending, including the two non-retail industries (services and other non-retail), rose 1.3%. This rise follows a 0.4% rise in February 2015.

Statistics NZ says trends for the total, retail, and core retail series have generally been rising since these series began in October 2002.

This data is not adjusted for price changes and is available only at the national level.

InternetNZ welcomes Govt's 99.8% broadband coverage plan
The additional coverage will roll out over the next four years as part of the Rural Broadband Initiative phase two/Mobile Black Spots Fund (RBI2/MBSF) programme expansion.
Dr Ryan Ko steps down as head of Cybersecurity Researchers of Waikato
Dr Ko is off to Australia to become the University of Queensland’s UQ Cyber Security chair and director.
Radware joins Chillisoft’s expanding portfolio
The cloud DDoS prevention, app delivery controller, and web app firewall expert is another step toward a total enterprise security portfolio.
Commerce Commission report shows fibre is hot on the heels of copper
The report shows that as of 30 September 2018 there were 668,850 households and businesses connected to fibre, an increase of 45% from 2017.
Wearables market flourishing - fuelled by smartwatches
A market that has stuttered in the past now has a bright forecast as adoption of wearable technology continues to thrive.
The tech that helped the first woman to sail around Australia
Lisa Blair used devices from supplied by Pivotel to aid her in becoming the first woman to circumnavigate Australia non-stop.
Why there will be a battle for the cloud in 2019
Cloud providers such as AWS, Azure, and Google will likely find themselves in a mad scramble to gain additional enterprise customers.
WLAN market picks up thanks to high-end products
Dell’Oro Group have released a report showing that the WLAN market picked up in 2Q18 as 802.11ax saw its first shipments.