Carolyn Young: Retail NZ CEO on retail spending trending upward before Iran conflict

Best of Business · Mar 16, 2026 · 5m · transcript

There's hopes the war in Iran doesn't reverse gains in our retail sector by making shipping more expensive.

Stats NZ data shows back-to-back increases in electronic card spending for January and February.

Retail NZ chief executive Carolyn Young says it's not happened in a long time.

She says it would be a shame if the conflict dampens the upward trend.

"Let's hope it's a short, sharp thing and we can get back to business as usual."

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