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24 Jan 2026 18:57
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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.

    © 2026 Newstalk ZB, NZCity

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     Today's News

    Politics:
    Two women believed to have been killed in the Mount Maunganui campground landslide were friends 18:36

    International:
    US looks to South Korea to take 'primary responsibility' in monitoring Kim Jong Un and North Korea 18:16

    Law and Order:
    Pakuranga College is paying tribute to two of its students caught in the Mount Maunganui landslide 18:06

    Rugby:
    Olympian Sam Tanner has records in his sights ahead of this evening's mile race at Cooks Gardens in Whanganui 17:46

    Law and Order:
    Police have released the full list pf names of the six people unaccounted for following the landslide at the Mount Maunganui Campground on Thursday 17:26

    Lower South Island:
    Southland rider Josh Burnett has banked his third career win in cycling's Tour of Southland, finishing safely in the peloton to take the overall title by 10 seconds from Cambridge's Matthew Wilson 17:06

    International:
    Human remains found as New Zealand landslide search moves to recovery 16:56

    Rugby:
    Test halfback Noah Hotham is hoping for an injury-free year after spending a large chunk of 20-25 on the sidelines 16:27

    General:
    Indra Brown wins X-Games silver on debut ahead of 2026 Winter Olympic Games 16:06

    International:
    How much power does China really have in the Arctic amid Trump's Greenland claims? 15:46


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