Were the retail numbers bad

Posted by: Matt Nolan on: May 15, 2008

In: New Zealand Economics
4 Comments

Well, much in the same vein as the employment numbers:

A 1.2% quarterly fall in retail volumes! A negative GDP quarter in March now seems inevitable. This one hurts!

4 Responses to "Were the retail numbers bad"

1 | March retail prices - inflation remains « The visible hand in economics
May 20, 2008 at 8:06 am

[…] dog headed determination to the inflation side of the story, I am going to discuss part of the retail trade series for March. All my data comes from free tables from Stats, so you guys can all look at it and yell at me if […]

2 | New Zealand Budget 2008: Tax cuts « The visible hand in economics
May 22, 2008 at 3:35 pm

[…] increase in our trade-weighted index of our dollar – compared to the 40 basis point fall from the poor retail numbers and the 50 basis point fall from a reduction in employment. […]

3 | OCR review preview - June 2008 « The visible hand in economics
May 29, 2008 at 4:13 pm

[…] 29 05 2008 Well we have had an action packed quarter haven’t we – bad employment numbers, bad retail numbers, bad inflation numbers, and tax […]

4 | A technical recession in New Zealand: What’s the big deal? « The visible hand in economics
June 19, 2008 at 10:29 am

[…] What’s the big deal? 19 06 2008 Since the March quarter retail numbers have been released it has been apparent that New Zealand was heading down the road of a technical recession (two […]