Retail
Economists don't see the upside surprise to the latest quarterly GDP figures as derailing likely Official Cash Rate cuts in each of the next two RBNZ reviews - but beyond that there's question marks over what comes next
24th Mar 25, 2:42pm
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Economists don't see the upside surprise to the latest quarterly GDP figures as derailing likely Official Cash Rate cuts in each of the next two RBNZ reviews - but beyond that there's question marks over what comes next
After plunging in the previous two quarters, GDP grew a better-than expected 0.7% in the December quarter; figures 'a genuine upside surprise'
20th Mar 25, 10:57am
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After plunging in the previous two quarters, GDP grew a better-than expected 0.7% in the December quarter; figures 'a genuine upside surprise'
NZIER's latest consensus of economic forecasts shows that while economic growth is expected to rise above 2% by this time next year, economists see GDP only growing 2.6% by the March 2028 year
17th Mar 25, 2:18pm
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NZIER's latest consensus of economic forecasts shows that while economic growth is expected to rise above 2% by this time next year, economists see GDP only growing 2.6% by the March 2028 year
After plunging in the previous two quarters, GDP likely returned to positive growth for the December quarter, but the growth's looking pretty subdued so far
16th Mar 25, 6:30am
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After plunging in the previous two quarters, GDP likely returned to positive growth for the December quarter, but the growth's looking pretty subdued so far
[updated]
Stats NZ says retail card spending rose 0.3% on a seasonally adjusted basis in February after taking a dip in January
12th Mar 25, 11:17am
Stats NZ says retail card spending rose 0.3% on a seasonally adjusted basis in February after taking a dip in January
Stats NZ figures show that manufacturing and wholesale sale figures flipped into positive territory in the December quarter after both going backwards in the September quarter; meat and dairy were strong contributors
11th Mar 25, 11:50am
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Stats NZ figures show that manufacturing and wholesale sale figures flipped into positive territory in the December quarter after both going backwards in the September quarter; meat and dairy were strong contributors
[updated]
Stats NZ says retail activity as measured by sales volumes saw the first quarterly gain in December since the March 2024 quarter
24th Feb 25, 11:22am
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Stats NZ says retail activity as measured by sales volumes saw the first quarterly gain in December since the March 2024 quarter
[updated]
Stats NZ says retail card spending dropped 1.6% on a seasonally adjusted basis in January after growing strongly in December
13th Feb 25, 11:21am
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Stats NZ says retail card spending dropped 1.6% on a seasonally adjusted basis in January after growing strongly in December
[updated]
Monthly retail spending figures ended the year on a stronger footing after much weakness in spending throughout 2024
21st Jan 25, 11:38am
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Monthly retail spending figures ended the year on a stronger footing after much weakness in spending throughout 2024
Westpac says spending on its credit and debit cards was up just 2% in December compared with the previous year
16th Jan 25, 9:30am
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Westpac says spending on its credit and debit cards was up just 2% in December compared with the previous year
NZIER's latest quarterly consensus forecasts see higher household spending on the back of interest rate falls, but GDP growth forecasts are virtually unchanged from the previous quarter
17th Dec 24, 12:01pm
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NZIER's latest quarterly consensus forecasts see higher household spending on the back of interest rate falls, but GDP growth forecasts are virtually unchanged from the previous quarter
David Hargreaves examines the upcoming GDP figures, likely to show our economy having contracted for five out of the last eight quarters
15th Dec 24, 6:30am
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David Hargreaves examines the upcoming GDP figures, likely to show our economy having contracted for five out of the last eight quarters
David Hargreaves examines the prospects for a New Year that appears to offer a lot - but in both potentially good and bad ways
14th Dec 24, 9:40am
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David Hargreaves examines the prospects for a New Year that appears to offer a lot - but in both potentially good and bad ways
Monthly retail spending figures were flat in November after showing the strongest rise in months in October
12th Dec 24, 11:33am
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Monthly retail spending figures were flat in November after showing the strongest rise in months in October
David Hargreaves sums up a year notable for getting inflation under control - but at great cost to the economy
8th Dec 24, 6:30am
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David Hargreaves sums up a year notable for getting inflation under control - but at great cost to the economy
[updated]
Stats NZ figures show that seasonally adjusted retail sales by volume decreased by 0.1% in the September quarter, but the figures were down 2.8% on the volumes recorded for the same quarter in 2023
25th Nov 24, 11:51am
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Stats NZ figures show that seasonally adjusted retail sales by volume decreased by 0.1% in the September quarter, but the figures were down 2.8% on the volumes recorded for the same quarter in 2023
Monthly retail spending has seen its first year-on-year increase for the first time since February; hospitality industry has biggest monthly rise since November 2023
12th Nov 24, 11:20am
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Monthly retail spending has seen its first year-on-year increase for the first time since February; hospitality industry has biggest monthly rise since November 2023
Cardholders spent $8.6 billion and made 157 million transactions in September, but electronic card spending still ends the month flat
14th Oct 24, 12:34pm
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Cardholders spent $8.6 billion and made 157 million transactions in September, but electronic card spending still ends the month flat
The country's largest bank says the types of spending most sensitive to interest rates are experiencing the largest falls
19th Sep 24, 11:35am
The country's largest bank says the types of spending most sensitive to interest rates are experiencing the largest falls
NZIER's latest consensus forecasts see zero GDP growth in the 12 months to the end of March 2025
16th Sep 24, 2:21pm
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NZIER's latest consensus forecasts see zero GDP growth in the 12 months to the end of March 2025
David Hargreaves assesses the prospects for the forthcoming quarterly GDP figures, which are likely to be grim, but might hopefully point to better times ahead
15th Sep 24, 6:30am
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David Hargreaves assesses the prospects for the forthcoming quarterly GDP figures, which are likely to be grim, but might hopefully point to better times ahead
[updated]
Electronic card spending rose in August for the first time in seven months, Statistics NZ says
12th Sep 24, 12:18pm
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Electronic card spending rose in August for the first time in seven months, Statistics NZ says
Worldline NZ data shows that retail spending slipped 0.5% in August when compared with the same month in 2023
4th Sep 24, 1:35pm
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Worldline NZ data shows that retail spending slipped 0.5% in August when compared with the same month in 2023
New Zealand retail sales down 1.2% in June quarter, extending two-year downward trend in consumer spending
23rd Aug 24, 12:44pm
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New Zealand retail sales down 1.2% in June quarter, extending two-year downward trend in consumer spending
Latest SEEK NZ employment report shows signs of life in July with particular strength in BOP and Manawatu
20th Aug 24, 12:01am
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Latest SEEK NZ employment report shows signs of life in July with particular strength in BOP and Manawatu