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16 Feb 2026 19:20
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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

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     Today's News

    		 General:
    How cheating allegations have rocked the curling teams at the Olympics 19:07

     Business:
    Severe weather has impacted the housing market 18:57

     Entertainment:
    The FBI has revealed "new identifying details" about a suspect in Nancy Guthrie's disappearance 18:57

     Environment:
    Almost 5-thousand households across the Wellington region remain without power 18:37

     Entertainment:
    The Backstreet Boys would love to perform the Super Bowl Halftime Show in 2027 18:27

     Entertainment:
    'Signal sniffers' used in search for missing person Nancy Guthrie's pacemaker 18:07

     Rugby:
    A Super Rugby referee clanger in round one 18:07

     Entertainment:
    Reese Witherspoon feels "devastated" by James Van Der Beek's death 17:57

     Rugby League:
    NRL boss Andrew Abdo believes the change in State of Origin eligibility rules will help modernise rugby league 17:37

     Entertainment:
    Stephen Graham is reportedly set to front a rebrand of Stone Island 17:27

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