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Fruit exporters drive up New Zealand wholesale trade sales

Xinhua, September 6, 2016 Adjust font size:

New Zealand's wholesale trade sales rebounded in the quarter ending June, driven up by fruit exporters, the government statistics agency said Tuesday.

"Kiwifruit export values were at an all-time high in the months of May and June," Statistics New Zealand business indicators senior manager Neil Kelly said.

"It was also a good quarter for apple exporters."

Total wholesale trade sales rose 1.7 percent, or 397 million NZ dollars (290.44 million U.S. dollars), after small falls in the previous two quarters.

The largest industry increase was in grocery, liquor and tobacco wholesaling the category including fruit exporters which was up 2 percent.

The trend for wholesale trade sales had generally been rising since the September 2009 quarter.

The actual value of wholesale trade sales was 23.6 billion NZ dollars (17.26 billion U.S. dollars) in the June quarter, up 4 percent from the June 2015 quarter. Endit