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Carolyn Young: Retail NZ CEO on retail activity increasing by 1.9% in the September quarter
Published 3 months, 1 week ago
Description
Good news for the retail sector as sales increase across the country.
Stats NZ data shows the total volume of sales increased 1.9% in the September quarter, equalling more than $470 million.
The growth was driven by motor vehicles and electronic goods, which saw the biggest boost this quarter.
Retail NZ CEO Carolyn Young told Mike Hosking the start of a new Government year may play a role in the rising numbers.
She says leases may expire and people may need new vehicles, which happens in the third quarter.
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