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27 Jul 2024 15:44
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  •   Home > News > Business

    An expert warns retailers still have a difficult path ahead despite promising signs in the sector

    An expert warns retailers still have a difficult path ahead despite promising signs in the sector


    Stats NZ reveals retail activity to the end of March, jumped zero point five percent since December, the first quarterly increase in two years.

    ASB Senior Economist Kim Mundy says despite the results, retail activity remains weak.

    She says the Reserve Bank's hesitancy to change the Official Cash Rate means relief for retailers could be a while off.

    She says the bank will have to see a lot more evidence before taking the foot off the brake.

    © 2024 Newstalk ZB, NZCity

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     Today's News

    General:
    What we know about the attacks on France's high-speed rail network and their impact on Eurostar and the Paris Olympics 15:37

    Rugby:
    All Blacks captain Scott Barrett is in doubt for the Rugby Championship opener after copping a finger injury against Fiji in the win in San Diego 15:27

    Entertainment:
    Ryan Reynolds and Hugh Jackman are "genuinely rooting for each other" in all aspects of their lives 15:14

    Motoring:
    State Highway 2, Waiotahe is closed between Dunlop Road and Woodlands Road following a crash 14:57

    Entertainment:
    Jack Osbourne takes "alternative" medication and therapies for his MS 14:44

    Entertainment:
    Brittany Mahomes is experiencing her "hardest pregnancy" yet 14:14

    Accident and Emergency:
    A person has died following a workplace incident at a farm near Morrinsville in Waikato 14:07

    Netball:
    No time for the Mainland Tactix to dwell on what could've been ahead of this afternoon's ANZ Premiership netball elimination final against the champions, the Northern Mystics 13:57

    Tennis:
    Kiwi tennis ace Erin Routliffe has noted a big gap between the friendly fields at the Paris Olympics tournament... and her day job on the WTA Tour 13:47

    Entertainment:
    Clint Eastwood's longtime partner Christina Sandera died of a heart attack 13:44


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