Kirk Hope: Business NZ CEO on the Retail Sales Index showing a drop in confidence

Early Edition with Ryan Bridge · Oct 25, 2023 · 2m

There are hopes Christmas will bring businesses a cash bounce.

The latest Retail NZ sales index —for the third quarter— shows many retailers sat in a holding pattern before the election.

59% reported increasing prices and just 57% felt confident their businesses would survive the next year.

Business NZ CEO, Kirk Hope, told Kate Hawkesby that there’s a lot more certainty after the election.

He said that there is a very clear pathway for businesses and a lot more clarity around what policy is going to be.

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