New Zealand retailers show growth optimism as Stats NZ revamps economic metrics

Stats NZ announced that it will introduce new inflation figures, industry activity indicators and other measures to better reflect a rapidly changing economy. CEO Colin Lynch said the agency must keep pace with digital services, the AI revolution and new business models so New Zealanders have a clear picture of economic performance.

A 2degrees survey found retail confidence high: 71% of retailers expect revenue growth over the next year and 52% plan to increase investment, outpacing other sectors. The report noted declining customer spending and rising costs as the biggest challenges, and highlighted a shift from a recovery‑focused mindset to one centered on productivity, adaptability and strategic investment.

These developments aim to give businesses clearer data for decision‑making as the country adapts to post‑COVID economic realities.