Wednesday, 07 September 2016 13:46

Fruit exporters boost wholesale trade

Written by 
Neil Kelly. Neil Kelly.

Fruit exporters helped boost wholesale trade sales in the June 2016 quarter, Statistics NZ says.

"Kiwifruit export values were at an all-time high in the months of May and June," business indicators senior manager Neil Kelly says. "It was also a good quarter for apple exporters."

When adjusted for seasonal effects, total wholesale trade sales rose 1.7% ($397 million) after small falls in the previous two quarters.

The largest industry increase was in grocery, liquor and tobacco wholesaling, which was up 2% ($152 million). Fruit exporters come under this category. The trend for this industry has been increasing steadily since mid-2013.

The trend for wholesale trade sales has generally been rising since the September 2009 quarter.

The actual value of wholesale trade sales was $23.6 billion in the June 2016 quarter, up $914 million (4%) from the June 2015 quarter.

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