Retail sales volume in supermarket and grocery stores increased by 1.0% in Q3 2023. Credit: Tumisu from Pixabay.

Total retail sales volume in New Zealand declined by 3.4% in the third quarter (Q3) of 2023 compared with the same period in 2022, according to the country’s official data agency, Stats NZ.

The country recorded a 3.5% year-on-year (YoY) decrease in the June 2023 quarter.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Retail sales volume for supermarket and grocery stores increased by 1.0%. For clothing, footwear and personal accessories, the volume was up 4.0% in the September 2023 quarter compared with the June 2023 quarter.

Hardware, building and garden supplies recorded 2.9% growth in retail sales volumes in Q3 2023, while sales volumes of motor vehicles and parts as well as fuel retailing declined by 3.4% and 3.4% respectively.

Stats NZ business financial statistics manager Katrina Dewbery stated: “Decreases in hardware and motor vehicle retailing drove the fall in the total volume of retail sales in the September 2023 quarter, compared with the September 2022 quarter.”

See Also:

14 of the country’s 16 regions reported higher seasonally adjusted sales values in Q3 2023 against the previous quarter.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Auckland posted a 1.5% growth in sales values during the quarter, while Canterbury and Wellington recorded 1.6% and 1.7% growth respectively.

Sales values for Otago increased 2.8% and Bay of Plenty recorded 1.7% growth.

The data revealed that 13 of 15 retail industries had lower total sales volumes in Q3 2023 compared with the corresponding period a year previously.

Total retail sales volumes excluding seasonal patterns, however, remained unchanged in the September 2023 quarter compared with the previous quarter.

This follows a 0.9% decrease in the June 2023 quarter compared with the March 2023 quarter.