Retail spending in New Zealand accelerated to 1.7% in the December quarter, mainly due to the expansion in motor vehicle industry. This is a slight improvement from the 1.6% growth recorded in the September quarter and the last time retail sales rose by 1.7% was in the June 2012 quarter.
Twelve of the 15 retail industries had higher volume in sales.
Head over to Statistics New Zealand for the full report.
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