Enes
Moscow
WINNER OF THE RF MINSTROY MEDIA COMPETITION 2016
Go to mobile

All news

ARCHIVE NEWS

«    December 2017    »
MonTueWedThuFriSatSun
 123
45678910
11121314151617
18192021222324
25262728293031

New Zealanders unexpectedly increase spending on their homes

logo russianconstruction.com
New Zealanders unexpectedly increase spending on their homes

According to the survey, the residents of New Zealand spent more in June and retail sales jumped 2.3 per cent by volume, Stuff.co.nz reports on Friday.


In particular, shoppers increased spending on their homes, including furniture, floor coverings, houseware, textiles, electrical and electronic goods. Economists see the cause in flat inflation and stable prices.

Economist Gareth Kiernan of Infometrics said that growth was based on the construction and tourism-related spending.

Basically, it was hardware, building and garden supply stores that benefited most and saw a 5% growth.

As Gareth Kiernan put it, there was no surprise that hardware sales increased, what was due to the housing market’s strength.

Related publications

PARTNERS

UP