Glass half full: consumer spending inched up in November
Consumers appear to be listening to central bank governor Adrian Orr’s advice to spend sensibly.
Adrian Orr wants New Zealanders to spend sensibly over Christmas.
Consumers appear to be listening to central bank governor Adrian Orr’s advice to spend sensibly to cool the economy and rampant inflation.
Stats NZ data out today showed spending using credit, debit and charge cards rose a modest 0.3% in November, compared with October.
Spending in the retail
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