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Retail spending data: Is 2024's end-of-year rebound a good sign?

Author
Newstalk ZB,
Publish Date
Mon, 24 Feb 2025, 8:00pm
Photo / NZME
Photo / NZME

Retail spending data: Is 2024's end-of-year rebound a good sign?

Author
Newstalk ZB,
Publish Date
Mon, 24 Feb 2025, 8:00pm

Retailers are hoping a sales rebound means an industry uptick has begun.

Stats NZ data shows total retail sales increased 0.9 percent in the three months ending December - against the quarter before.

Harbour Asset Management's Shane Solly says this is a good sign for the economy - but warns companies not to get ahead of themselves.

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