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Reuters
Reuters
Business

New Zealand wholesales sales rise 1.1 percent in third 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 climbed 1.1 percent in the third quarter, its sixth rise in a row, Statistics New Zealand data showed on Thursday.

Growth had eased a little from the previous quarter when sales grew 1.6 percent as vehicle parts fell 3.6 percent.

Actual wholesale sales were 6.2 percent higher than the same quarter a year ago.

Those gains were led by groceries and alcohol, which jumped 2.8 percent from the previous quarter.

(Reporting by Charlotte Greenfield and Ana Nicolaci da Costa; Editing by Toby Chopra)

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