Electronic card spending up 0.3% in October on hospitality gain

Thu, 09 Nov 2017

By Rebecca Howard Nov. 10 (BusinessDesk) - New Zealand retail spending on electronic cards rose in October, boosted by the hospitality industry as people spent more eating out. Seasonally adjusted retail spending on credit and debit cards rose 0.3 percent from September, when it also rose 0.3 percent on the month, Statistics New Zealand said in a statement. Total spending, including non-retail industries, rose 0.4 percent on the month after a flat result in September. "The latest increase in the hospitality industry reflected spendin...

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