Third quarter retail trade figures are expected to reflect a difficult period for consumers, retailers and the economy.Third quarter retail trade figures are expected to reflect a difficult period for consumers, retailers and the economy.
The National Business Review Online is New Zealand's authority in breaking business news and analysis.The National Business Review Online is New Zealand's authority in breaking business news and analysis.
Retail spending was well down in October from the month before. Spending in retail industries fell 0.7 per cent compared to September, down by $44 million,...Spending in retail industries fell 0.7 per cent compared to September, down by $44m.
Stats NZ figures show that total card spending fell by 0.3% in October, while retail spending dropped by 0.7%; 'the softness in spending is notable as it comes as population growth is continuing to surge'Stats NZ figures show that total card spending fell by 0.3% in October, while retail spending dropped by 0.7%; 'the softness in spending is notable as it comes as population growth is continuing to surge'