New Zealand September, Electronic Card Transactions

Retail -0.1% m/m

  • expected is +0.4%, prior was +0.5%

Total card spending -0.2% m/m

  • prior was +0.3%

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From Statistics NZ, more:

  • consumables, down $6.3 million (0.4 percent)
  • fuel, down $6.1 million (0.8 percent)
  • durables, up $2.8 million (0.3 percent).
  • Core retail spending (which excludes the vehicle-related industries) fell 0.4 percent in September 2014.
  • Trends for the total, retail, and core retail series have all generally been rising since these series began in October 2002, but appear to be easing in recent months.