Small business sales up 10.4% in August

Thu, 29 Sep 2022

Adjusting for last August’s covid lockdown, sales through small businesses were up 10.4% in August on a year earlier, following the 2.5% year-on-year growth in July.Xero’s customer data is now “revealing green shoots in Aotearoa’s small business community after subdued sales through winter”, said Bridget Snelling, the accounting software company’s country manager for New Zealand.“While some of this growth is likely to be attributed to small businesses increasing prices in response to inflation, a nomina...

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