Retail
Construction helped New Zealand’s economy grow 0.2% in the June quarter as the country's real purchasing power falls
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Construction helped New Zealand’s economy grow 0.2% in the June quarter as the country's real purchasing power falls
[updated]
August’s electronic card data shows NZ retail spending dropped by over $200 million compared to July
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August’s electronic card data shows NZ retail spending dropped by over $200 million compared to July
[updated]
Statistics NZ’s retail trade survey finds squeezed household budgets caused a 0.5% drop in seasonally adjusted retail sales volumes in the June quarter, the first quarterly fall since December 2024
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Statistics NZ’s retail trade survey finds squeezed household budgets caused a 0.5% drop in seasonally adjusted retail sales volumes in the June quarter, the first quarterly fall since December 2024
Westpac says retail spending scored a 2% gain in July as the FIFA World Cup drove up hospitality spending, but fuel prices continue to keep household budgets offside
Westpac says retail spending scored a 2% gain in July as the FIFA World Cup drove up hospitality spending, but fuel prices continue to keep household budgets offside
Electronic card spending took a dive in June, with Westpac expecting retail spending levels to rise ‘only gradually’ in the coming months
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Electronic card spending took a dive in June, with Westpac expecting retail spending levels to rise ‘only gradually’ in the coming months
[updated]
NZIER says QSBO shows the ‘fragile’ economic recovery in June quarter was helped by easing oil crisis, but warns that geopolitical uncertainty and November election will weigh on firms over the coming months
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NZIER says QSBO shows the ‘fragile’ economic recovery in June quarter was helped by easing oil crisis, but warns that geopolitical uncertainty and November election will weigh on firms over the coming months
New Zealand’s economy grew 0.8% in the March quarter, with the overall increase in GDP due to manufacturing, business services and wholesale trade
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New Zealand’s economy grew 0.8% in the March quarter, with the overall increase in GDP due to manufacturing, business services and wholesale trade
Westpac-McDermott Miller Consumer Confidence Index shows consumer confidence in the June quarter dropped to the lowest level since 2023 due to the Middle East conflict, fuel and living costs
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Westpac-McDermott Miller Consumer Confidence Index shows consumer confidence in the June quarter dropped to the lowest level since 2023 due to the Middle East conflict, fuel and living costs
ANZ card spending rose 1.8% in May month-on-month, and 4.8% compared to May 2025, with the bank’s chief economist citing a 'strong' spending lift
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ANZ card spending rose 1.8% in May month-on-month, and 4.8% compared to May 2025, with the bank’s chief economist citing a 'strong' spending lift
[updated]
Middle East war poses risk to NZ’s fragile economic recovery, but there has only been a 'modest lift' in firms raising prices so far, NZIER business confidence survey says
Middle East war poses risk to NZ’s fragile economic recovery, but there has only been a 'modest lift' in firms raising prices so far, NZIER business confidence survey says
New Zealand’s economy grew 0.2% in the December 2025 quarter with rental, hiring and real estate services the largest contributors
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New Zealand’s economy grew 0.2% in the December 2025 quarter with rental, hiring and real estate services the largest contributors
December quarter GDP figures due for release in the coming week may prove to be disappointment - which wouldn't provide a helpful background as we face the uncertainties of the Middle East situation
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December quarter GDP figures due for release in the coming week may prove to be disappointment - which wouldn't provide a helpful background as we face the uncertainties of the Middle East situation
Stats NZ reports that spending on discretionary items helped drive the $239 million seasonally-adjusted rise in sales volumes in the December quarter
Stats NZ reports that spending on discretionary items helped drive the $239 million seasonally-adjusted rise in sales volumes in the December quarter
Retail NZ says while there is slightly more willingness by households to pull out the wallet, 'shoppers are remaining cautious about how much they are spending'
Retail NZ says while there is slightly more willingness by households to pull out the wallet, 'shoppers are remaining cautious about how much they are spending'
Westpac senior economist Satish Ranchhod says there's been an encouraging lift in discretionary spending, with particularly large increases in spending in the hospitality sector, as well as increased sales of furnishings and other household durables
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Westpac senior economist Satish Ranchhod says there's been an encouraging lift in discretionary spending, with particularly large increases in spending in the hospitality sector, as well as increased sales of furnishings and other household durables