Retailers’ 12 month outlook improves – survey

22nd April 2025 By Staff Reporter | news@propertyticker.co.nz | @propertyticker

Retailers’ confidence of surviving the next twelve months has risen to 73%, according to the quarterly Retail Radar survey, although sales expectations are mixed.

This was up from 70% of respondents in Retail NZ’s December Retail Radar survey, building on 65% in Q3 2024.  

The latest Retail NZ survey found the increasing positivity was due to a focus on the potential uplift in consumer confidence later in the year, and came despite 57% of retailers not meeting targets for the first quarter of 2025 and mixed expectations for quarter two sales.

Retail NZ said mortgages being re-fixed, likely further cuts in the Official Cash Rate, unemployment peaking in the first half of the year, and stable inflation were all expected to support the uplift in consumer confidence.