A retail spending analysis highlights how increased fuel consumption has diverted consumer money away from other sectors, leading to rising inflation and pressure on retailers, with regional differences and freight costs playing key roles.
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Yeah, well, of course the big thing for retail is diesel because diesel is what ships freight around. So even if you, majority of things as we know come into the country from overseas, so that's freighted in. Those freight costs are increased immediately, that cost went up. So retailers have been absorbing those costs and then domestically 93% of freight in New Zealand moves on the road. you know 98% of those road tracks will be using diesel so you know that's doubled in price so there are significant costs that have come through so it is going to filter down as businesses can no longer absorb that we've been talking to retailers this week and they're on the knife edges to when they pass on those costs they've been increased but it's going to be pretty soon everyone
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fuel price spikes draining household budgets
****Retail in New Zealand hit by skyrocketing fuel prices**** \\ \\ **14 April 2026**\\ \\ New Zealand’s retail sector is facing a significant decline hidden by the global fuel spike that is draining household budgets, says Retail NZ Chief Executive, Carolyn Young.retailers face pressure to pass on rising costs
Carolyn Young: Retail NZ CEO on the growth in retail spending, increased costsSpotted something wrong on this page? Report a correction.
