Retail

Electronic cards data for October shows that apart from rises in fuel and consumables spending, seasonally adjusted retail spending was on a downward path again

Electronic cards data for October shows that apart from rises in fuel and consumables spending, seasonally adjusted retail spending was on a downward path again

The country's biggest bank, ANZ, reports that the very cyclical 'durables' spending is showing the largest overall annual rate of growth

The country's biggest bank, ANZ, reports that the very cyclical 'durables' spending is showing the largest overall annual rate of growth

Electronic cards data for September shows that after three consecutive months of gains, seasonally adjusted retail spending fell again

Electronic cards data for September shows that after three consecutive months of gains, seasonally adjusted retail spending fell again

GDP figures out in the coming week will likely show our economy stalled again in the second quarter of the year - but there's already signs of a pick-up kicking in, giving confidence that the worst is behind us

GDP figures out in the coming week will likely show our economy stalled again in the second quarter of the year - but there's already signs of a pick-up kicking in, giving confidence that the worst is behind us

Manufacturing volumes fell 2.9% in the June quarter, prompting BNZ economists to forecast a GDP drop of 0.5% for the quarter

Manufacturing volumes fell 2.9% in the June quarter, prompting BNZ economists to forecast a GDP drop of 0.5% for the quarter

Swedish giant retailer IKEA will launch its first NZ shop at Auckland's Sylvia Park 21 days before Christmas

Swedish giant retailer IKEA will launch its first NZ shop at Auckland's Sylvia Park 21 days before Christmas

An unexpected rise in retail sales activity for the June quarter suggests 'there may be life in the old economy yet'

An unexpected rise in retail sales activity for the June quarter suggests 'there may be life in the old economy yet'

Electronic cards data for July shows that seasonally adjusted retail spending rose for the second consecutive month, with gains in hospitality and consumables somewhat offset by continued weakness in durables and apparel

Electronic cards data for July shows that seasonally adjusted retail spending rose for the second consecutive month, with gains in hospitality and consumables somewhat offset by continued weakness in durables and apparel

Despite OCR cuts, small businesses ‘yet to see the expected boost to consumer and business activity’ but agricultural sector sees sales grow - Xero

Despite OCR cuts, small businesses ‘yet to see the expected boost to consumer and business activity’ but agricultural sector sees sales grow - Xero

Electronic cards data for June shows that retail spending rose for the first time in four months in June, boosted by a lift in durables and apparel spending, but retailers are reporting that 60% of them did not meet sales targets in the June quarter

Electronic cards data for June shows that retail spending rose for the first time in four months in June, boosted by a lift in durables and apparel spending, but retailers are reporting that 60% of them did not meet sales targets in the June quarter

The country's largest bank says overall spending is probably flat in the past year after inflation, but it is starting to recover, slowly

The country's largest bank says overall spending is probably flat in the past year after inflation, but it is starting to recover, slowly

David Hargreaves has a look back at the first half of 2025 and hopes that we haven’t already seen the best part of the expected economic recovery this year

David Hargreaves has a look back at the first half of 2025 and hopes that we haven’t already seen the best part of the expected economic recovery this year

ANZ economists still believe greater stimulus will be needed for the economy from the Reserve Bank and say the Official Cash Rate will be lowered to 2.5%

ANZ economists still believe greater stimulus will be needed for the economy from the Reserve Bank and say the Official Cash Rate will be lowered to 2.5%

The economy grew for the second successive quarter following the sharp contraction seen during last year

The economy grew for the second successive quarter following the sharp contraction seen during last year

The economy looked like it was picking up, now it looks like maybe it isn't, but inflation definitely is picking up. What do we do? And where is our timely economic data?

The economy looked like it was picking up, now it looks like maybe it isn't, but inflation definitely is picking up. What do we do? And where is our timely economic data?