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Source: MIL-OSI Submissions

spending rises in first quarter of 2021 – Media release

24 May 2021

Higher retail spending on electronic items
and outdoor recreational goods this summer helped boost overall spending
in the March 2021 quarter, Stats NZ said today.

After adjusting for price and seasonal affects,
the total retail sales volume rose 2.5 percent in the March 2021 quarter
following a 2.6 percent fall in the December 2020 quarter.

Electrical and electronic goods had the largest
increase, up 8.4 percent followed by recreational goods, up 16 percent
in the March 2021 quarter. Both industries had falls in the December 2020
quarter, down 0.3 percent and 14 percent respectively.

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