Larry Williams Drive

New Zealand saw a 6% spending increase in retail last quarter with the South Island overtaking the North, likely due to farming and tourism.  Retail NZ CEO Carolyn Young told Heather du Plessis-Allan that a jump in pharmaceutical spending can be attributed to the increasing popularity of GLP-1 drugs like Wegovy.  "There's certainly high volume of those drugs now being sold, and they're really expensive on a monthly basis. So that just keeps going up and up and up," she said.  LISTEN ABOVE See omnystudio.com/listener for privacy information.