Retail sales down: Where Kiwis are spending less

Stats NZ data shows retail sales were down in the June quarter for the third quarter in a row. Photo / Alex Burton Retail sales volumes took a bigger hit than expected by economists as inflation continues to eat into the spending power of Kiwi households. Stats NZ data released today showed the total volume of retail sales fell 1.0 per cent in the June 2023 quarter, following falls of 1.6 per cent and 1.1 per cent in the…

https://worldnewslivetv.com/oceania/retail-sales-down-where-kiwis-are-spending-less/