Against a backdrop of uncertainty in the economic outlook, retailers are showing confidence in the future, despite the pressures they’re facing. There are reasons for optimism with card transaction spend slightly up in June, inflation at 2.7% and the OCR holding steady at 3.25%.

The total volume of retail sales is up 0.8% compared to the last quarter, according to StatsNZ. However, this quarter’s figures are only up 0.65% on the same period in 2024, and still lower than the same period in 2023 (-1.97%).

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Retail Radar: Retail NZ surveys retail business owners and tracks retailer sentiment over time. Covering current sales data and future expectations of sales, inflation and key issues. Retail Radar is your one stop shop for learning about business trends in the New Zealand retail market.

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