Consumers keeping wallets shut waiting for Black Friday sales
The Podcast on
Retail spending's taken a dive, but Black Friday could provide a much-needed boost.
Electronic card spending fell for a third consecutive month in October, with core retail spending down 0.8% on last year.
It coincides with record fuel prices which Retail NZ says is eating into household budgets.
Chief Executive Carolyn Young shares her thoughts with Ryan Bridge.
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