February car sales take a dive

If you have decided against buying that new set of wheels because of the recession, you are not alone.

February sales figures show car sales dropped $17 million or just over three per cent. Statistics New Zealand reports an overall drop in retail spending since December 2007 of 3.4 per cent.

The only sector experiencing growth are supermarkets with people eating in rather than dining out.

Grocery store spending has jumped $12 million since January.

- NEWSTALK ZB