Revenue from national DIY, garden and homeware chain Bunnings in New Zealand is down, but profit rose partly due to marketing expenses dropping. The...

NZ Herald

Auckland

New Zealand

Bunnings declares $79m net profit from New Zealand operations

Media Bias/Fact Check

New Zealand Media and Entertainment

NEW Zealand retail spending fell for a second straight quarter as high interest rates dented consumer sentiment, adding to signs the economy was in recession in the middle of the year.

Business Times

New Zealand retail spending slows again, pointing to recession

New Zealand’s retail sales volume for Q3 showed a marginal decline of -0.1% qoq, a better outcome than the expected -0.5% qoq contraction. However, the data revealed underlying weakness, as retail sales excluding autos fell by a sharper-than-expected -0.8% qoq, missing the forecast of -0.3% qoq. A breakdown of the data shows that 10 out […] The post New Zealand’s Q3 retail sales down -0.1% qoq, ex-auto sales slumps -0.8% qoq appeared first on Ac…

Action Forex

New Zealand's Q3 retail sales down -0.1% qoq, ex-auto sales slumps -0.8% qoq - Action Forex

The post New Zealand Retail Sales ex Autos (QoQ) up to -0.8% in 3Q from previous -1% appeared on BitcoinEthereumNews.com. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making…

Bunnings declares $79m net profit from New Zealand operations

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