{"id":579027,"date":"2026-08-24T17:54:11","date_gmt":"2026-08-24T17:54:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/579027\/"},"modified":"2026-08-24T17:54:11","modified_gmt":"2026-08-24T17:54:11","slug":"us-iran-war-wounds-nz-consumer-spending","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/579027\/","title":{"rendered":"US-Iran war wounds NZ consumer spending"},"content":{"rendered":"<p class=\"TpGGueVENmajZwYgWe\" style=\"display:none\">Previous Stats NZ numbers showed petrol rising 20% in price and diesel by nearly 48% in the quarter.<\/p>\n<p class=\"TpGGueVENmajZwYgWe\" style=\"display:none\">\u201cHowever, once the effect of price changes is removed, fuel retailing recorded the largest fall in sales volumes of the industries measured.\u201d<\/p>\n<p class=\"TpGGueVENmajZwYgWe\" style=\"display:none\">Overall, eight of 15 spending groups fell during the quarter, with the biggest being a 13% slump in fuel purchases, with falls also for vehicles, food and beverage services, accommodation and recreational goods.<\/p>\n<p class=\"TpGGueVENmajZwYgWe\" style=\"display:none\">The biggest quarterly increase in sales volumes was in electronics and electrical goods, which rose more than 9%, with smaller rises for pharmaceutical products and online spending.<\/p>\n<p class=\"TpGGueVENmajZwYgWe\" style=\"display:none\">The actual value of quarterly spending was strongest in the South Island, which grew 1.5% \u2013 almost twice the rise for the North Island.<\/p>\n<p class=\"TpGGueVENmajZwYgWe\" style=\"display:none\">Recent surveys have shown consumer spending improving in recent months but with pessimists just outnumbering the optimists and still not inclined to buy big-ticket items.<\/p>\n","protected":false},"excerpt":{"rendered":"Previous Stats NZ numbers showed petrol rising 20% in price and diesel by nearly 48% in the quarter.&hellip;\n","protected":false},"author":2,"featured_media":579028,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[80605,138,3311,80604,111,139,69,8262,168435,6149,104831],"class_list":["post-579027","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-beckford","tag-business","tag-consumer","tag-gyles","tag-new-zealand","tag-newzealand","tag-nz","tag-spending","tag-usiran","tag-war","tag-wounds"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/579027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=579027"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/579027\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/579028"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=579027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=579027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=579027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}