NZ spending on credit, debit cards edges up in December

Tue, 13 Jan 2015

By Suze Metherell Jan. 14 (BusinessDesk) - New Zealanders increased their spending on debit and credit cards in December, with gains in apparel, consumables and hospitality offsetting a drop in spending on durables. The value of core retail sales on electronic cards, which strips out spending on fuel and vehicle related items, rose 0.1 percent in December from the previous month, to a seasonally adjusted $3.84 billion, following November's 0.3 percent gain, Statistics New Zealand said. Including fuel and vehicle spending, total retail spe...

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