NZ electronic card spending nudges up in May after big drop in April

Mon, 11 Jun 2018

By Tina Morrison June 12 (BusinessDesk) - New Zealand retail spending on electronic cards edged up in May, led by consumer spending on household essentials such as groceries and fuel. Seasonally adjusted total retail spending on credit and debit cards rose a modest 0.4 percent in May following a substantial 2.2 percent fall in April, Statistics New Zealand said. Core retail spending, which excludes vehicle-related industries, rose 0.4 percent in May following a 2.1 percent fall in April. "Retailers outside the realm of food and f...

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