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Christchurch closing the gap as rebuild kicks in

Mar 28th, 2013 | By | Category: Latest News, News

CHRISTCHURCH accommodation and food services sales have risen 12 per cent over the last three quarters, closing the gap between Christchurch and the rest of New Zealand.

Figures released this week show accommodation and food services rose 4.1 per cent in the last quarter.

“Growth in Christchurch fell behind the rest of the country after the quakes began,” Statistics New Zealand industry and labour statistics manager Tehseen Islam says.

“But stronger-than-average increases in Christchurch over the past year, coupled with an easing in the national trend figures, have now closed this gap.”

After an initial slump and then flat figures following the February 2011 quake, figures show accommodation and food services surged in the last three quarters of last year.

By the June quarter they had started to lift, rising from $203 million to $212 million.

Since then they have been steadily increasing and at the December 2012 quarter are up to $234 million.

Christchurch Top 10 Holiday Park has noticed the increase, especially with the rebuilding of Christchurch going on.

“People that are having their homes repaired are needing accommodation for four to six weeks, plus all the contractors,” says receptionist Carol Simons.

She says they have been busy with people staying in cabins, campervans and tents.

“We have been filled most nights, and we’ve been filling up for a while now.”

Mrs Simons says they have still had tourists come and stay despite all the construction going around Christchurch.

Retail in Christchurch has also had a good year, having risen 6.2 per cent over the five quarters.

The June quarter showed the biggest rise by 2.3 per cent, and since has risen 1.6 per cent in the September quarter and 0.8 per cent in the December quarter.

The total value of retail sales in Christchurch for the December quarter was $1.4 million.

Statistics New Zealand says the sales trend for total retail activity in Christchurch has risen 9.8 per cent since the quakes began, while the trend at the national level has risen 9.7 per cent.

The total value of retail sales in New Zealand in the last quarter of 2012 rose 1.7 per cent.

Motor vehicles and parts had the highest increase, rising13.6 per cent, followed by hardware, building, and garden supplies which rose 11.5 per cent.

Electrical and electrical goods fell 8.2 per cent, making it the least popular sector in New Zealand for the last quarter.

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