Wednesday, 07 September 2016 13:46

Fruit exporters boost wholesale trade

Written by Rural News Group

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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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