Wholesale trade sales in New Zealand increased 2.2% between April and June compared to the previous three months following a similar 2.2% rise in the March quarter, Statistics New Zealand said on Tuesday.
Sales rose in nine of the 16 wholesale industries, with the increase mainly driven by primary product food, machinery & equipment, and unprocessed primary products. On the other hand, the largest fall was in food & grocery products.
The value of wholesale trade stocks fell 1.8% to NZ$10.1 billion in the June quarter, reversing a 1.6% rise in the previous quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.