Advertisement
New Zealand Retail Card Spending Jumps 1.4% In September
(RTTNews) - Electronic retail card spending in New Zealand was up a seasonally adjusted 1.4 percent on month in September, Statistics New Zealand said on Tuesday - after rising an upwardly revised 1.0 percent in August (originally 0.9 percent).
By spending category, the movements were: consumables, up NZ$20 million (0.8 percent); apparel, up NZ$15 million (4.3 percent); fuel, up NZ$12 million (2.0 percent); motor vehicles (excluding fuel), down NZ$2 million (0.9 percent); and durables, down NZ$10 million (0.6 percent).
On a yearly basis, retail card spending jumped 28.6 percent - accelerating from 26.9 percent in the previous month.
The total value of electronic card spending, including the two non-retail categories (services and other non-retail), increased 2.5 percent from August, up NZ$218 million.
New Zealand Trade Surplus Tops Expectations
New Zealand Inflation Rises To 2.5%
Reserve Bank Of New Zealand Cuts Rate By 25 Bps, Signals Further Easing
New Zealand February Trade Surplus NZ$510 Million
New Zealand GDP Gains 0.7% In Q4
New Zealand Q4 Current Account Deficit NZ$5.9 Billion
New Zealand Services Sector Falls Into Contraction
