NZ card spending up across the board in September

Tue, 09 Oct 2018

By Paul McBeth Oct. 10 (BusinessDesk) - New Zealand spending on electronic cards grew in every sector for a second month running amid upbeat consumer confidence and increased government support for households. Seasonally adjusted total retail spending on credit and debit cards rose 1.1 percent, matching the increase in August. Core retail spending, which strips out expenditure on petrol and vehicles, also rose 1.1 percent in September, a faster pace than the 0.9 percent recorded in August. Spending rose in all sectors in the month,...

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