News | Business
23 Jun 2024 14:52
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   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

     Other Business News
     22 Jun: Conspiracy theorists often talk about the 'deep state'. This is what one might actually look like
     22 Jun: Emotional and financial harm for Northland businesses following a massive power outage
     21 Jun: Resource management is always political – the Fast-track Approvals Bill is just honest about it
     21 Jun: No costing, no clear timelines, no easy legal path: deep scepticism over Dutton’s nuclear plan is warranted
     21 Jun: Weak economies in other developed countries are impacting GDP growth in New Zealand
     21 Jun: Economists aren't expecting GDP to rise significantly, until there's a material change in the OCR
     21 Jun: Celebrity beauty brands are a billion-dollar business. Beyoncé and Rihanna's latest ventures show where it's all heading
     Top Stories

    RUGBY RUGBY
    Chiefs coach Clayton McMillan is eager to see how Scott Robertson sets up the All Blacks this season More...


    BUSINESS BUSINESS
    Conspiracy theorists often talk about the 'deep state'. This is what one might actually look like More...



     Today's News

    Sailing:
    Consensus decision-making will continue to be a focus for the New Zealand Sail GP team in New York 14:47

    Cricket:
    Australia vs Afghanistan T20 World Cup live updates — blog, scores and stats 14:17

    Law and Order:
    Who are the Hindujas? Meet the Indian-British billionaires jailed for exploiting domestic workers in Switzerland 14:17

    Law and Order:
    An Auckland family are shaken after a brick was allegedly hurled from an overpass, crashing into their windscreen 14:07

    International:
    Prince William shakes it off as Taylor Swift's Eras Tour arrives in London 13:57

    Golf:
    A milestone moment on golf's PGA Tour 13:47

    Law and Order:
    Two people are in hospital -- one in critical condition, after an attempted robbery at a Mount Albert Sports bar last night 13:27

    Living & Travel:
    Teams are working to ensure the Aratere is stable before shifting the vessel again 13:17

    International:
    Euro 2024 five quick hits: Cristiano Ronaldo's pitch invader problems, an own goal disaster and a costly miss 13:07

    Motorsports:
    Optimism from Scott McLaughlin - despite missing out on the final stage of qualifying for tomorrow's IndyCar race in California 13:07


     News Search






    Power Search


    © 2024 New Zealand City Ltd