Retailers face grim scene coming into Xmas: report
Performance of Services Index says hospo, tourism keeping services sector buoyant for now, but will it last into 2023?
The PSI suggests consumers may be tightening their belts this Christmas.
Grim retail sales figures for November have been revealed within this morning’s Performance of Services Index (PSI), with an index value of 30.7 compared with 52.8 in October, further confirming a very tough festive season for retailers.
The BNZ-BusinessNZ PSI takes a reading of all segments of
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