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Empowering Retail: El Niño and the Economy
Empowering Retail: El Niño and the Economy
What happens when a weather event meets an uncertain economy? El Niño is expected to bring hotter, drier conditions to parts of New Zealand this summer, with potential impacts on agriculture, regional economies, and household costs. But that's only part of the story. Retailers are also navigating ongoing inflation pressures, fuel costs, interest rates, and shifting consumer spending habits. In this episode of Empowering Retail, Westpac Senior Economist Satish Ranchhod explores how El Niño cou...