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Black Friday sparks 2.6% jump in monthly card spending

Retail sales in November lifted the annual total to $6.2 billion.

Nevil Gibson Wed, 11 Dec 2019

Heavily promoted one-day global sales events such as Black Friday and Singles Day have pushed retail figures well above seasonal levels.

Electronic card spending for November rose a seasonally adjusted 2.6% over the previous month. This was the largest monthly increase since a 3.6% spike in

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Black Friday sparks 2.6% jump in monthly card spending
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