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Economics
3 mins to read

Cautious consumers stay frugal, as service sector pain lingers

More data highlight the subdued economy, with key inflation numbers just days away.

Quarterly inflation data gets released on Wednesday morning.

Consumers remain cautious about splashing the cash, while the services sector stays idle as businesses hope for activity to improve with falling inflation and more interest rate cuts.

Further data out today has again highlighted the weak economy, as analysts and economists gear up for Wednesday’s

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Jonathan Mitchell Mon, 14 Oct 2024
Contact the Writer: jmitchell@nbr.co.nz
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Cautious consumers stay frugal, as service sector pain lingers
Economics,
106268
true