Retail sales volume in New Zealand soared 28.0 percent on quarter in the third quarter of 2020, Statistics New Zealand said on Monday – recovering from the 14.6 percent drop in the previous three months.

On a yearly basis, retail sales volume advanced 8.3 percent after sinking 14.2 percent in the three months prior.

By volume, 12 of the 15 industries saw higher sales volumes on a yearly basis.

The value of retail sales was up 7.4 percent on year in Q3, with 14 of the 16 regions showing higher sales values.

The material has been provided by InstaForex Company – www.instaforex.com

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