Log In

Reset Password

December retail sales volume falls

Retailers took 2.3 per cent more at the till in December last year, than they did in the same month a year earlier.

But sales volume, which is adjusted for inflation, fell by 0.3 per cent — the fourth successive month to see a year-over-year decline.

Five of the seven sectors recorded falls in sales volume in the Christmas month that is so critical for many retailers.

Apparel stores recorded the largest decrease of 3.8 per cent. The next largest sales volume decreases were for liquor and food-store sales which declined by 3.5 per cent and 2.3 per cent, respectively.

Motor vehicle sellers saw receipts rise 11.7 per cent during December, while building materials stores took in 0.9 per cent less.

In value terms, retail sales increased 2.3 per cent to an estimated $111.3 million. Returning residents declared overseas purchases valued at $7.3 million, which was 12.3 per cent higher than December 2016. This contributed to a combined local and overseas spending of $118.6 million.

Excluding Sundays, there were 24 shopping days during the month, one less than in December 2016.

Holiday rush: shoppers on Reid Street stocking up for Christmas last year

You must be Registered or to post comment or to vote.

Published February 15, 2018 at 6:16 pm (Updated February 15, 2018 at 6:16 pm)

December retail sales volume falls

What you
Need to
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon