In the second quarter, the fuel sector recorded a volume drop of 13%, impacted by tensions in the Middle East. Eight of the fifteen sectors analyzed experienced declines, notably hospitality with -8%, and food and beverage services with -2.8%. In contrast, sales of electronic devices increased by 9.2%, supported by the growing demand for technology and online shopping.
Decline in Retail Sales in New Zealand: A Struggling Sector
This article was updated at 00:30.