Lockdown slugs small business sales

Thu, 30 Sep 2021

The impact of the nation going into alert level 4 on Aug 18 was felt immediately by the nation's small businesses whose sales in August were up just 0.4% on August last year, a slump from the annual 8.2% growth in July.The latest data Xero collected from its customers showed sales were least impacted in industries where people can work from home, such as professional services which increased sales 2.7% in August from a year earlier.The data showed sales though hospitality businesses were down 9.8% from August last year, manufacturing down 3...

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