New Zealand Card spending, November

Retail +0.3% m/m

  • expected +0.4% m/m, prior was 0.0%

Total +0.2%

  • prior was flat at 0.0% m/m

Comments from Statistics New Zealand:

  • Card spending across the six retail industries was mixed in November
  • Four up
  • Two down
  • Hospitality had the largest rise
  • Durables fell the most
  • Core retail spending (which excludes the vehicle-related industries) rose 0.4 percent in November 2015, following a 0.1 percent rise in October.


More to come from New Zealand today