New Zealand Retail card spending in June +0.9% m/m (vs. prior +1.7%)

New Zealand - Card Spending for June

Retail card spending +0.9% m/m

• prior +1.7% m/m
• and +4.0% y/y (previous month +18.7%) ... y/y data from impacted by a low base in 2020

Card spending data covers around 68% of core retail sales in NZ. Its used as the main retail sales indicator for the country.

more to come