RESEND: NZ core retail spending on credit, debit cards rises in July, on gains in durables, apparel and consumables

Sun, 10 Aug 2014

By Suze Metherell Aug. 11 (BusinessDesk) - New Zealand core retail spending on debit and credit cards rose in July as increased spending on durables, apparel and consumables offset a dip in hospitality spending. The value of core retail spending on electronic cards, which excludes fuel and auto-related purchases, rose a seasonally adjusted 0.5 percent, from a restated 0.3 decline in June and a 1 percent gain in May, Statistics New Zealand said. Including auto-related purchases, retail spending was unch...

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