Canterbury's retail spending has gone from strength to strength in the past year
Canterbury's retail spending has gone from strength to strength in the past year
15 December 2021
Not carrying the same Covid restrictions as its northern counterparts, has seen strong economic activity in the region.
The Westpac Regional Roundup report says dairy, sheep and beef farmers have been benefiting from record high prices
Westpac Industry Economist Paul Clark says the stronger economy is driven by the agricultural industry.
He says the region is still likely to see elevated prices which will continue to support spending in the region.
Canterbury's economic activity is expected to remain healthy in the coming year.
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