New Zealand card spending for May
Total: +1.4 % m/m
- prior was -1.1%
Retail: +1.2% m/m
- expected is +0.9%
- prior was -0.7%
More:
- When adjusted for seasonal effects, retail spending rose 1.2 percent in May 2015 compared with April 2015 (cf. a decrease of 0.7 percent in April)
- Spending rose in five of the six retail industries
- Core retail spending (which excludes the vehicle-related industries) rose 0.4 percent in May 2015, following a 0.9 percent fall in April