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Reuters
Reuters
Business

New Zealand wholesale sales rise 4 percent in fourth quarter

FILE PHOTO: Customers walk through a fruit and vegetable market in front of the Te Papa Museum in Wellington, New Zealand, October 2, 2011. REUTERS/Jacky Naegelen/File Photo

WELLINGTON (Reuters) - New Zealand seasonally adjusted wholesale sales rose 3 percent in the fourth quarter, Statistics New Zealand data showed on Wednesday.

Actual wholesale sales were 8.4 percent higher than the same quarter a year ago.

The data is one of the final components of gross domestic product data to be released on March 15.

(Reporting by Charlotte Greenfield and SYDNEY NEWSROOM; Editing by Robin Pomeroy)

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