Car H.P. credit up 13%
PA Wellington New Zealanders spent $379.8 million on advances under hire-pur-chase! agreements in the quarter ended December, 1987, ! said ’ the Government I Statistician, Mr Steve Kuzmicich. J . The total was up 6.5 per cent on the same quarter in 1986. 1 | The biggest increase was in advances for cars, motorrcycles, | caravans, and similarijvehicles totalling $192.1 million, an increase of 13.6 per cent on the December, 1986, quarter. | ■ I; Advances! for buses, trucks and, tractors rose 4.7 per cent to $53.4 million, and the plant and machinery figure was up 2.4 per cent to $33.6 million. j Hire-purchase advances for household and personal} goods were down to $100.7 million, a decrease of 2.7 per cent. on the December, 1986, quarter. The total value of ad- ■ vances for the year ended December,J 1987, was up 7.9 per cent on the previous year, totalling $1514.3 million compared with $1403.8 million in 1986. .
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Press, 13 April 1988, Page 27
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154Car H.P. credit up 13% Press, 13 April 1988, Page 27
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