Business
New Zealand Card Retail Sales (April) -0.4% m/m (previously -0.7%) and -3.8% YoY (previously -2.3%)
![New Zealand Card Retail Sales (April) -0.4% m/m (previously -0.7%) and -3.8% YoY (previously -2.3%) New Zealand Card Retail Sales (April) -0.4% m/m (previously -0.7%) and -3.8% YoY (previously -2.3%)](https://i2.wp.com/images.forexlive.com/images/Credit%20card%20spending_id_b50bce81-f75e-4186-ac97-00342e42e291_size975.jpg?w=975&resize=975,550&ssl=1)
Total card spend in New Zealand for April is +0.9%
- previous +0.1%
Retail card spending:
-0.4% m/m
- before -0.7%
-3.8% over one year
- before -2.3%
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Data on purchases made in New Zealand using debit, credit and store cards.
Card spending data covers approximately 68% of major retail sales in New Zealand. It is used as the country’s main indicator of retail sales.
This article was written by Eamonn Sheridan at www.forexlive.com.
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