Retail Stocks

[Waltzing]

 https://claude.ai/public/artifacts/a4b3882f-7df1-4d18-9ffd-2e904b4e1d87

HOUSE HOLD SPENDING AUS..

[Waltzing]

This make the forum happy?

old stats of course...

NOV now and a super hot summer about to roast the islands bare... beaches will be packed!!!

https://www.interest.co.nz/business/136349/stats-nz-reports-472-million-inflation-adjusted-seasonally-adjusted-increase-volume

is this actually a sign that everyone went out and bought old cars from turners (other places) and then also fixed up the old bangers....

food went down and drink up...

everyone then went out and got drunk and no one eat anything much... that doesnt sound good....!!!!

[winner (n)]

Yep total retail Sept Qtr up 5.0% on last year ...most categories solid

[winner (n)]

RetailWatch reports Jan month sales +5.6% on Jan last year

In store sales +2.5 and on-line +21.2%

Stores not any busier ...maybe cover expenses eh but on-line the way to go

On-line 19% of sales

[Waltzing]

31 march / april sales may be up farther as this a very late start to summer in the central north island and BOP having been hit with a shocker of a start to the summer season...

[Waltzing]

lets see what the 1 qtr brings but suspect it might be a stall.. lets hope not...

[winner (n)]

more than 450,000 and growing currently on a benefit

Can't be helping retail sales

[winner (n)]

Westpac Kelly getting excited

Our February card spending data shows a further 0.7% lift in spending in February implying 6.6% growth versus a year ago.

What's remarkable is how the patterns of spending have changed as lower interest rates and strong commodity returns have hit the economy's bloodstream.

Discretionary includes clothes - go HLG
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[LaserEyeKiwi]

Westpac Kelly getting excited

Our February card spending data shows a further 0.7% lift in spending in February implying 6.6% growth versus a year ago.

What's remarkable is how the patterns of spending have changed as lower interest rates and strong commodity returns have hit the economy's bloodstream.

Discretionary includes clothes - go HLG
You cannot view this attachment.

"What's remarkable is how the patterns of spending have changed as lower interest rates and strong commodity returns have hit the economy's bloodstream"

Is it remarkable or exactly as expected would happen?

[winner (n)]

"What's remarkable is how the patterns of spending have changed as lower interest rates and strong commodity returns have hit the economy's bloodstream"

Is it remarkable or exactly as expected would happen?

Apparently although monthly interest payments for mortgages has fallen the total interest being paid is still a lot higher than in 2020

Maybe households not out of the woods yet but nots let ruin a good story and upset likes of Westpac Kelly