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Fewer tourists knock retail card spending in May

Domestic demand for consumer goods and services has slowed since February.

Nevil Gibson
Wed, 12 Jun 2019

Retail card spending dipped in May, reversing a similar rise in April and falling short of expectations.

When adjusted for seasonal effects, overall retail spending fell 0.5% in May, after a 0.6% rise in April, which included the Easter and school holiday periods, Stats NZ said.

A consensus

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Nevil Gibson
Wed, 12 Jun 2019
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Fewer tourists knock retail card spending in May
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