FIFA boosts August retail card spending

Football fans kept retailers busy. (Image: Getty)

Tue, 12 Sep 2023

Seasonal-adjusted total retail card spending rose by 0.7% or $46 million, month on month, in August, Stats New Zealand says.Spending in the core retail industries – which strips out fuel and vehicles – also rose this month by 0.6% to $37m.The FIFA Women's World Cup had clearly boosted retail spending, ASB senior economist Kim Mundy said, describing it as a “boost from the boot”.“The August lift will have been a welcome change of pace for retailers in what’s been a slow first half to 2023,” she said....

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