A rise in the OCR places further upward pressure on retailers with rising costs of debt.
Tag - Consumer Spending
the peak industry body representing retailers in Aotearoa.
the peak industry body representing retailers in Aotearoa.
The overall average retail wage has risen to $30.94 per hour, up 1% on last year, according to the 2026 Wages Guide from Retail NZ, the peak...
The latest quarterly survey from Retail NZ has seen a bounce back in retailers’ confidence after a dip in Q1 driven by a sudden spike in fuel prices.
The 4.1% annual inflation rate released this morning shows just how tough things have been for households in recent months.
The latest electronic card transaction data from Stats NZ will not be the boost that some retailers will have hoped for.
"When value is up but volume is flat, it tells us consumers are paying more for the same basket of goods. That's not the same as a genuine increase in retail...
“These figures show us that while New Zealanders’ budgets have taken a hit from the increase in fuel prices, they are still out in our stores buying the...
“Retailers will be breathing a sigh of relief that all food and freight will be considered a priority, behind critical life-supporting services, under...
