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Podcast: The Mike Hosking Breakfast
Episode: Carolyn Young: Retail NZ CEO on retail activity increasing by 1.9% in the September quarter
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. LISTEN ABOVE S...