Economists warn businesses will face consequences as New Zealanders cut back on spending - Newshub

The Reserve Bank is raising interest rates to bring prices down. But it means businesses will disproportionately bear the brunt.

Kiwis are beginning to pull back on buying those items we don't need right now. In the last couple of months, Kiwis have spent about 10 percent less on things like cars, clothing and electronics. E… [+2252 chars]

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