Source: MIL-OSI Submissions
Auckland region leads the retail sales fall – Media release
23 November 2021
Nationwide consumer spending fell significantly in the September 2021 quarter, influenced by a record fall in retail sales for the Auckland region, Stats NZ said today.
With price effects included, the seasonally adjusted total sales values fell 7.0 percent ($2.0 billion) compared with the 4.2 percent ($1.1 billion) rise in the June 2021 quarter.
The Auckland region dominated the national fall with a record decrease of 15 percent (1.5 billion) in the September 2021 quarter, compared with the 6.2 percent ($618 million) rise in the June 2021 quarter.
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