Mighty Ape says many retailers have yet to get to grips with online.
ANZ stays on top, TSB Bank ups its spending while ASB Bank and Kiwibank make big ad cuts.
BNZ-BusinessNZ performance of services index rose 1.8 points to 56.5 in December from November.
“For New Zealand the deflation is sort of good deflation"
The last time there were two consecutivue quarters of deflation was at the tail end of the Asian Crisis.
The prospects of interest rate hikes are now out into 2016
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