• Satish Ranchhod: Westpac senior economist on retail card spending dropping across all industries

  • Jun 12 2023
  • Duración: 2 m
  • Podcast

Satish Ranchhod: Westpac senior economist on retail card spending dropping across all industries Por arte de portada

Satish Ranchhod: Westpac senior economist on retail card spending dropping across all industries

Escúchala gratis

Ver detalles del espectáculo

  • Resumen

  • Retail card spending fell $113 million last month, compared to April - across all industries.

    Stats NZ data shows the largest contributor to the 1.7 percent drop was fuel, down $25 million, followed by apparel, which fell $13 million.

    Westpac senior economist Satish Ranchhod says it's a weaker result than expected.

    "We thought those increases in migration, as well as those increases in prices, would have seen spending rising. Instead, what we're seeing is those pressures on household finances really are squeezing spending appetites."

    LISTEN ABOVE

    See omnystudio.com/listener for privacy information.
    Más Menos
activate_primeday_promo_in_buybox_DT
Política y Gobierno
Más Menos

Lo que los oyentes dicen sobre Satish Ranchhod: Westpac senior economist on retail card spending dropping across all industries

Calificaciones medias de los clientes

Reseñas - Selecciona las pestañas a continuación para cambiar el origen de las reseñas.

Reseñas de Audible.com

Opiniones de Amazon
No hay comentarios disponibles