NZ electronic card spending lifts across all industries in June

NZ electronic card spending lifts across all industries in June
Tina Morrison
By Tina Morrison July 10 (BusinessDesk) - New Zealand retail spending on electronic cards rose across all industries for the first time in seven months in June.  Seasonally adjusted retail spending on credit and debit cards rose 0.8 percent in June following a 0.6 percent lift in May, Statistics New Zealand said. Core retail spending, which excludes vehicle-related industries, rose 0.6 percent in June, matching the increase in May. Card spending rose across all industries in June, the first broad-based lift since November last year. Th...