8 Sep 2012

Wholesale sales fall

2:08 pm on 8 September 2012

Official figures show seasonally adjusted wholesale sales fell 1.4% in the three months to June, due to reductions in grocery, liquor and tobacco, and car wholesaling

The seasonally adjusted value of total wholesale trade stocks rose 4% to $9 billion.

The survey monitors the level of activity in the wholesale trade sector which supplies retailers.