News | Business
13 Sep 2024 10:44
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

    It's still a dim outlook for the retail sector with sales down for the eight quarter in a row

    It's still a dim outlook for the retail sector with sales down for the eight quarter in a row


    Latest figures from Stats NZ show the total volume of retail sales fell 1.2 percent in the three months to June.

    Electronics and clothing stores took the biggest hit down 6-percent and 4.1 percent respectively.

    ASB Senior Economist Mark Smith says sales are actually higher than he was expecting.

    He says the major takeaway is though that retail sector is still in retrenchment mode and is likely to stay there for a while yet.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     13 Sep: House prices are picking up in some parts of the country, and continuing to slide in others
     13 Sep: Calls for the Government to invest more in primary care
     12 Sep: Six UN workers were killed in an Israeli air strike on a Gaza school compound. Here's what we know
     12 Sep: Treasury warned the Finance Minister - for caution over National's campaign cancer drugs promise
     12 Sep: Six UN refugee agency workers reportedly killed in air strike Israel claims was targeting Hamas militants — as it happened
     12 Sep: Inflation appears to have plummeted
     12 Sep: The commercial broadcasters’ crisis isn’t new, but can no longer be ignored. What’s next for TV?
     Top Stories

    RUGBY RUGBY
    Sam Jones is the best of the New Zealand golfers during the opening round of the Irish Open at the Royal County Down course More...


    BUSINESS BUSINESS
    House prices are picking up in some parts of the country, and continuing to slide in others More...



     Today's News

    National:
    Sudan is burning and foreign powers are benefiting – what’s in it for the UAE 10:27

    Cricket:
    To the top division of the English county championship where, in a throwback to the lazy, hazy, crazy days of summer, first-class cricket commentary still flourishes.. 10:27

    National:
    Cosmology is at a tipping point – we may be on the verge of discovering new physics 10:17

    Entertainment:
    King Charles is set to visit Australia and Samoa in October 10:12

    National:
    Kamala Harris effectively baited Donald Trump during the debate, drawing out his insecure white masculinity 10:07

    International:
    Australia’s new American-made battle tank goes on display at Melbourne weapons expo 10:07

    Business:
    House prices are picking up in some parts of the country, and continuing to slide in others 10:07

    International:
    Miss Universe Fiji voting drama erputs, as authorities investigate its Australian organisers 9:47

    Entertainment:
    Catherine, Princess of Wales still has "a long way to go" in her recovery from cancer 9:42

    Accident and Emergency:
    A vehicle has struck a building in Awanui, Gisborne - road closed 9:27


     News Search






    Power Search


    © 2024 New Zealand City Ltd