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1 Mar 2026 14:48
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  •   Home > News > Business

    A 103-million-dollar decline in retail spending last month may be a sign of things to come

    A 103-million-dollar decline in retail spending last month may be a sign of things to come


    It fell 1.6-percent from December.

    Fuel and motor vehicles, were the only categories to increase.

    Retail NZ CEO, Carolyn Young , says inflation and an unstable job market could bring continued grim conditions for retailers - for the next four or five months.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     28 Feb: It's been revealed UK supermarket giant Tesco, declined the Finance Minister's invitation for a meeting to discuss the issues in our grocery sector
     28 Feb: The average Auckland ratepayer will be paying an average of 320 dollars more a year, if the council's annual plan passes
     27 Feb: Retail NZ says there could be complications created by new gift card rules
     27 Feb: Rocket Lab's continuing to thunder to new heights, posting a record revenue of 300 million New Zealand dollars in the last three months of 2025
     27 Feb: The figures showing the number of people crossing the Tasman may look worse than they actually are
     27 Feb: Queenstown's Millbrook Resort's had a record year for property sales, hotel stays, and golf rounds
     27 Feb: Air New Zealand's fresh focus is resetting the business - after hitting some financial turbulence
     Top Stories

    RUGBY RUGBY
    The Hurricanes have confirmed Brett Cameron has been ruled out for the rest of Super Rugby More...


    BUSINESS BUSINESS
    It's been revealed UK supermarket giant Tesco, declined the Finance Minister's invitation for a meeting to discuss the issues in our grocery sector More...



     Today's News

    International:
    US President Donald Trump says 'evil' Iranian leader is dead after US-Israeli air strikes 14:37

    Motorsports:
    Shane van Gisbergen has dominated the closing stages of NASCAR's second division series race at the Circuit of the Americas 14:27

    Accident and Emergency:
    A man's body has been found in the search for a missing kayaker near Waiwera, north of Auckland 14:17

    National:
    Ayatollah Ali Khamenei has ruled Iran with defiance and brutality for 36 years. For many Iranians, he will not be revered 14:17

    Golf:
    Daniel Hillier is maintaining the outright lead early in the final round of the New Zealand golf Open at Millbrook Resort 14:07

    National:
    Iran will respond to US-Israeli strikes as existential threats to the regime – because they are 14:07

    Rugby League:
    The North Queensland Cowboys and Newcastle Knights will give NRL fans the first glimpse of the new interchange rules as they kick off the season in Las Vegas on Sunday afternoon 13:57

    International:
    Israel and US attack Iran, sparking retaliatory strikes. Here's what we know 13:57

    Law and Order:
    Police are seeking more information about a serious assault in Matangi, in the Waikato 13:47

    Education:
    Iran's Ayatollah Ali Khamenei was a staunch hardliner who mastered the art of playing his enemies off each other 13:07


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