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17 Feb 2026 12:12
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      Home > News > Business

    People didn't reach into their pockets as much as retailers hoped, over summer

    People didn't reach into their pockets as much as retailers hoped, over summer


    Stats NZ data for January shows retail card spending rose just 1.1 percent year-on-year.

    ASB senior economist Kim Mundy says signs of activity picking up - aren't strong.

    She says spending is trending higher, but not at a fast pace, which feels more like a tentative recovery.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     17 Feb: This week marks the anniversary of New Zealand's first frozen lamb shipment to the UK, 144 years ago
     17 Feb: Pharmacists have accepted a Health New Zealand pay offer
     17 Feb: Retail confidence is at a two-year high - but full recovery is still to come
     16 Feb: Now's the time to buy for those looking to get on the property ladder
     16 Feb: Severe weather has impacted the housing market
     16 Feb: More evidence of an improving economy - from the amount of freight hitting our roads
     16 Feb: Potential for cost-cutting in the 1.8 billion dollar Interislander replacement plan
     Top Stories

    RUGBY RUGBY
    Irish rugby to investigate racial abuse towards Test debutant Edwin Edogbo More...

    BUSINESS BUSINESS
    This week marks the anniversary of New Zealand's first frozen lamb shipment to the UK, 144 years ago More...


     Today's News

    		 Soccer:
    A deflating exit for the most unlikely team to feature in the fourth round of English football's FA Cup 12:07

     Entertainment:
    Kaley Cuoco's fiancé Tom Pelphrey has never watched her hit sitcom The Big Bang Theory 11:57

     Business:
    This week marks the anniversary of New Zealand's first frozen lamb shipment to the UK, 144 years ago 11:57

     Entertainment:
    Jo Wood has decided to stay single for now after failing to find a suitable man on dating apps 11:27

     National:
    What Thailand’s election means for the future of the country – and its beleaguered pro-democracy forces 11:17

     Rugby:
    Irish rugby to investigate racial abuse towards Test debutant Edwin Edogbo 11:17

     Business:
    Pharmacists have accepted a Health New Zealand pay offer 11:07

     Entertainment:
    Lucy Hale has sparked engagement rumours after she was spotted wearing a ring on her left hand during a recent coffee date with Phillip Lopez in Los Angeles 10:57

     Entertainment:
    Margot Robbie would've "risked it all" for Lord of Rings character Aragon during her teenage years 10:27

     National:
    Amazon’s Ring wanted to track your pets. It revealed the future of surveillance 10:27

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