Drop of $2.6 billion in April retail card spending
Each person spent $520 less in April than they did in March.
Brent Edwards
Mon, 11 May 2020
New figures out today confirm just how hard spending on hospitality and retail crashed during the Covid-19 lockdown.
Statistics New Zealand said seasonally adjusted retail card spending fell $2.6 billion in April, a 47% fall, with spending on cafés, restaurants, takeaway food, bars and
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Brent Edwards
Mon, 11 May 2020
Contact the Writer: brent@nbr.co.nz
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Drop of $2.6 billion in April retail card spending
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