NZ plastic card spending rises 1.2% in June, led by durable goods

Sun, 10 Jul 2016

By Tina Morrison July 11 (BusinessDesk) - Spending on credit and debit cards in New Zealand rose in June, led by increased spending on durable goods. Retail spending rose 1.2 percent in June, seasonally adjusted, after a 0.3 percent decline in May, Statistics New Zealand said. All six retail industries recorded gains in the latest month, the first time since March 2015. The biggest increase was felt in durable goods, where spending advanced 1.4 percent. Actual sales were up 6.8 percent in June from the same month last year. Consumer sp...

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