NZ credit, debit card spending rises 1.2% in November on higher fuel prices

Sun, 10 Dec 2017

By Rebecca Howard Dec. 11 (BusinessDesk) - New Zealand retail spending on electronic cards rose in November, boosted by higher fuel prices and as the US Thanksgiving 'Black Friday' holiday bargains gain international traction. Seasonally adjusted total retail spending on credit and debit cards - including vehicle-related spending - increased 1.2 percent in November, accelerating from a revised 0.5 percent a month earlier, Statistics New Zealand said in a statement. Total spending, including non-retail industries, rose 1.4 percent on the...

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