bonanza of bargains in shops as prices tumble - small electrical appliances

Shoppers are spoiled due to low inflation, a strong New Zealand dollar and a slump in the price of white home appliances produced for the buyer's market.
Consumer price index rose 0.
For the three months ended September 30, inflation grew at a rate of zero per year. 8 per cent -
The slowest growth since December 1999.
The index shows retailers have accelerated their discount levels in the quarter.
Analysis prices fell 12%
Compared to the period from June.
Prices of major household appliances fell by 35 percentage points, prices of small household appliances fell by 29 percentage points, and prices of audio-visual equipment fell by 28 percentage points.
Jason Bell, merchandise manager at Noel Leming group, said television was particularly hit by "significant price erosion," with average sales prices down about 20 in the same period last year.
He blamed many factors now under 40. inch full high-
The hd led TV with 3D features costs $1000.
"If you look at products like TV, everything is imported, the dollar has been strong, and then the technology life cycle.
"Things like 3D and smart TV, they start to cut prices accordingly, which stage of their life cycle they are. . .
But the TV will come back because people are ready for digital switching.
"He said this year is more difficult for retailers because sales before last year's Rugby World Cup generated a lot of revenue --
It is mainly used for TV.
But with more people buying tablets, iPads, Samsung Galaxies and smartphones at the low and high end, the home appliance industry has grown.
Sales of food processing equipment and coffee machines are also strong.
"In terms of better buying time, this may be the best time, especially the New Zealand dollar," he said . ".
New Zealand retailer Association chief executive John Albertson agrees that the squeeze on retailers means "there may never be a better time to buy than it is now ".
"Consumers are taking advantage of this and, of course, now is a good time to do so [buy goods]," he said.
The small growth in the retail sector is driven by "continued consumer preferences.
On the other hand, it is a "very thin" retailer's profit margin, with a net profit of about seven years ago.
Create problems for employers who pay their employees and rent.
Shamubeel Eaqub, chief economist at the New Zealand Institute of Economics, said anecdotal feedback from the retail industry is that discounts are a norm and customers will not buy unless the goods are special.
But despite the very good buying conditions for consumers, New Zealanders still choose to pay off their debts and live more conservatively.
He said that people spent more weekly budgets on food and fuel than before 2007, while cutting discretionary items such as leisure goods, hardware, appliances and furniture.
Mr. Eaqub said the economy has passed seven and a half years.
Annual adjustment after construction
Too much debt.
"Over time, the recovery will accelerate and will be more sustainable than in the past decade.
However, due to the imperfect sales and razor blades, the adjustment process has been affected. thin margins.
Some companies are not far away.
"Retail sales are improving and will continue to do so, but" growth will not be as strong as it was before the recession ".
These figures are based on a quarterly survey of the institute's business opinion, showing that the company's share of net profit in the quarter is reduced, and the profit is expected to be only a net increase of 3.
In the coming months, prices have risen net, up from the net increase in June.