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Based on 2014 pre-Christmas sales predictions prepared by the Australian Retailers Association (ARA) and research partner Roy Morgan Research, retailers could count on improvements in retail sales over the Christmas period.
ARA Executive Director Russell Zimmerman said in a news release announcing the research findings that Australian shoppers would spend USD45 billion from 15 November until 24 December, representing a 4.3 percent gain on sales during the same period in 2013 (USD43 billion).
Retail spending in New Zealand using electronic cards was flat in July 2014, Statistics New Zealand reported. Retail spending was also unchanged this month, as it also was in June 2014.
"Spending rose in three retail industries and fell in three in July," business indicators manager Neil Kelly said. "Durables and consumables had the largest rises, while both vehicle-related industries fell."
Retail spending using electronic cards was flat in March 2014, Statistics New Zealand said in a recent report.
When adjusted for seasonal effects, total retail spending was unchanged this month, following a 0.8 percent increase in February 2014.
"Spending rose in three retail industries during March and fell in three," business indicators manager Neil Kelly said. "Fuel had a large fall for the second consecutive month, while consumables had the largest increase."
Food prices in New Zealand rose 1.2 percent in January 2014, and were up 0.9 percent on a year earlier, Statistics New Zealand reported.
"Seasonally higher prices for fruit and vegetables, and less discounting on chocolate, beef, and lamb were partly countered by lower prices for milk, cheese, and eggs," prices manager Chris Pike said.
The consumers price index (CPI) fell 0.2 percent in the December 2012 quarter, Statistics New Zealand said recently. Seasonally lower vegetable prices and more discounting for furniture were partly countered by higher housing and transport prices.
“The CPI has fallen in four of the past five December quarters – the exception being 2010, after the GST increase,” prices manager Chris Pike said.
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Demand for procurement, retail and compliance professionals increases in Asia, Robert Walters Job Index reveals
Robert Walters, the world's leading specialist professional recruitment consultancies, has launched its Asia Job Index for Q2 2012.
The Robert Walters Asia Job Index tracks advertisement volumes for professional positions across the leading job boards and national newspapers in Singapore, Hong Kong, Malaysia, mainland China, South Korea and Japan. According to the Job Index, levels of job advertisements continued to increase across Asia, increasing 11.8 percent from 1Q to 2Q.
New Zealand's food prices fell 1.8 percent in the year to July 2012, despite a small monthly increase for July (up 0.2 percent), Statistics New Zealand said on Monday.
"Food prices have fallen for the year, reflecting cheaper vegetables, dairy products, and lamb," Prices Manager Chris Pike said.
Xtep International Holdings Limited, a leading fashion sportswear enterprise in China, announced that its brand representative, US track and field sprinter Justin Gatlin, has qualified for the London Olympics 2012 after winning the men's finals at the US Olympic Track and Field Trials on 24 June in Eugene, Oregon, in 9.80 seconds. Gatlin will represent the US at the London Olympics 2012, bringing his running choice, Xtep, again under the athletics spotlight on a bigger international arena.
The Haier Group and SANYO Electric Co. conclude the transition process following Haier's 2011 acquisition of SANYO's white goods business in select Asian markets.
Haier Group Corporation and SANYO Electric Co., Ltd. on Friday held a closing ceremony in Singapore to officially mark the completion of Haier's acquisition of SANYO Electric's refrigerator, washing machine and other consumer electric appliances business in Japan, Indonesia, Malaysia, the Philippines and Vietnam.