Arab Today, arab today new zealanders go shopping as petrol prices fall
Last Updated : GMT 21:46:51
Arab Today, arab today
Arab Today, arab today

New Zealanders go shopping as petrol prices fall

Arab Today, arab today

Arab Today, arab today New Zealanders go shopping as petrol prices fall

Shopping
Wellington - XINHUA

New Zealanders opened up their wallets last month and took to the shops as inflation and fuel prices remained low, according to figures from the government statistics agency Monday.

Retail spending using credit and debit cards rose 3.7 percent year on year to 4.7 billion NZ dollars (3.5 billion U.S. dollars) in March, said Statistics New Zealand.

Retail spending was up 0.8 percent in March from the previous month, and followed a 1.1-percent rise in February.

"After removing seasonal effects, spending rose in four of the six retail industries," business indicators manager Neil Kelly said in a statement.

The largest increase came from the consumables industry, which includes food and liquor retailing.

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

An Economic Note from the ASB Bank on Monday estimated the first quarter consumer price index (CPI) inflation was just 0.1 percent, with annual inflation to the end of March shrinking to 0. 3 percent from 0.8 percent in the year to the end of December 2014.

It said lower petrol prices were the key driver of the decline, directly taking 0.6 percentage points from the CPI index.

Statistics New Zealand is scheduled to release the official CPI for the March quarter on April 20.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today new zealanders go shopping as petrol prices fall Arab Today, arab today new zealanders go shopping as petrol prices fall

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today new zealanders go shopping as petrol prices fall Arab Today, arab today new zealanders go shopping as petrol prices fall

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday