Retail sales

Westpac says spending on its credit and debit cards was up just 2% in December compared with the previous year

Westpac says spending on its credit and debit cards was up just 2% in December compared with the previous year

New Zealand retail sales down 1.2% in June quarter, extending two-year downward trend in consumer spending

New Zealand retail sales down 1.2% in June quarter, extending two-year downward trend in consumer spending

New Zealanders are spending like its 2017 as high interest rates sap retail sales volumes

New Zealanders are spending like its 2017 as high interest rates sap retail sales volumes

'We see quarterly economic activity flitting between small positives and negatives over the remainder of 2023. In per capita terms the economic downturn will be much more pronounced' - ASB economists

'We see quarterly economic activity flitting between small positives and negatives over the remainder of 2023. In per capita terms the economic downturn will be much more pronounced' - ASB economists

Stats NZ figures show that retail sales volumes have fallen for a third quarter in a row, with figures only propped up somewhat by a surge in motor vehicle sales to beat changes to the Clean Car Discount Scheme

Stats NZ figures show that retail sales volumes have fallen for a third quarter in a row, with figures only propped up somewhat by a surge in motor vehicle sales to beat changes to the Clean Car Discount Scheme

Stats NZ says decreased volumes in hardware and vehicle retailing helped drive a fall in total retail sales in the March 2023 quarter

Stats NZ says decreased volumes in hardware and vehicle retailing helped drive a fall in total retail sales in the March 2023 quarter

Economists surprised by fall in retail spending in the June quarter, which raises the possibility the country may have gone into a technical recession in the first half of the year

Economists surprised by fall in retail spending in the June quarter, which raises the possibility the country may have gone into a technical recession in the first half of the year

ANZ-Roy Morgan Consumer Confidence Index shows slight improvement in July

ANZ-Roy Morgan Consumer Confidence Index shows slight improvement in July

Back to the coffee grind - Worldline’s payment network sees 41% jump in Auckland & Northland hospitality spending in first 7 days of traffic light system

Back to the coffee grind - Worldline’s payment network sees 41% jump in Auckland & Northland hospitality spending in first 7 days of traffic light system

Super-strong retail sales figures for the March quarter have got economists rethinking their thoughts that the country is experiencing a 'double dip' recession

Super-strong retail sales figures for the March quarter have got economists rethinking their thoughts that the country is experiencing a 'double dip' recession

Statistics New Zealand says seasonally-adjusted electronic card spending dropped 3.2% in February - and in actual terms was 8.1% lower than in February 2020

Statistics New Zealand says seasonally-adjusted electronic card spending dropped 3.2% in February - and in actual terms was 8.1% lower than in February 2020

Statistics New Zealand says seasonally adjusted retail card spending dropped slightly in January; absence of international tourists hitting the hospitality industry

Statistics New Zealand says seasonally adjusted retail card spending dropped slightly in January; absence of international tourists hitting the hospitality industry

Statistics New Zealand says retail sales values had the largest September quarter rise since the series began in 1995

Statistics New Zealand says retail sales values had the largest September quarter rise since the series began in 1995

Statistics New Zealand says spending on food and beverage services last month was the second highest in over 20 years following Auckland moving to Alert level 1 early in the month

Statistics New Zealand says spending on food and beverage services last month was the second highest in over 20 years following Auckland moving to Alert level 1 early in the month

Some 45% of retailers report sales are now better than this time last year, Retail New Zealand says, with 78% confident or very confident their business will survive the next 12 months

Some 45% of retailers report sales are now better than this time last year, Retail New Zealand says, with 78% confident or very confident their business will survive the next 12 months