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The economy and the housing market may be showing signs of slowing, but retail sales were relatively solid in February, apart from a dip in new car sales.
Core retail sales, which exclude motor vehicle sales and petrol sales, were NZ$3.902 billion in February, up 6.3% from February last year. This compares with sales in January of NZ$3.973 billion, which was up 4.6% from the same month a year ago.
ofInterestNZ 3 years ago
Consumer confidence fell to a record low in early April, a survey by polling company Roy Morgan found. The index fell below 100 for the first time and has fallen 26.6 points in less than 3 months to 99.7, which is the fastest and biggest decline in the four year history of the survey.
ofInterestNZ 3 years ago