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Economy

Retail NZ’s Carolyn Young calls the 0.5% spending lift a mirage

The mirage in the March numbers Stats NZ electronic card data for March 2026 showed headline retail spending up 0.5%. That number has been widely cited as evidence of consumer resilience. It is evidence of nothing of the sort. Retail NZ chief executive Carolyn...

By B2B News | 26 Apr 2026 | 4 min read
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