Consumers spend sensibly over festive season
Stats NZ data out today shows retail spending using electronic cards fell in December, amid high interest rates, inflation, and Covid-19.
Retail spending fell a seasonally adjusted 2% last month.
Retail spending using electronic cards edged lower in December, with falls across all categories measured by Stats NZ.
The data out today showed spending using credit, debit, and charge cards fell a seasonally adjusted 2% last month, when compared with November.
Spending on fuel, motor vehicles,
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