Carolyn Young: Retail NZ CEO on retail activity increasing by 1.9% in the September quarter

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  The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts. See omnystudio.com/listener for privacy information.