Retail, home decorating perform well
News from Otago Daily Times:

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Otago-Southland continues to hold a lead over other New Zealand regions as retail and home decorating trades thrive in the latest Performance in Services Index, released yesterday.

The BNZ-BusinessNZ index showed Otago-Southland with 60.9 points at the end of February. The New Zealand seasonally adjusted index was 55.6, northern was 55.4, central was 59, and Canterbury-Westland was 59.1.

Otago-Southland’s February 2015 reading of 60.9 was well ahead of the 2014 reading of 54 but in line with the 61.9 reported in February 2013.

Otago-Southland Employers Association chief executive John Scandrett said feedback from the retail and home decorating trades, and also the tourist and accommodation industries, were strongly expansionary in nature.

But there were property services sector comments that drew attention to a sluggish start to new year activities.

Wholesale trade operators reported a mixed performance – citing positive back-to-school influences and selected negative outcomes where product pricing competition has creat…………… continues on Otago Daily Times

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