Christmas retail spending

The country's largest bank says overall spending is probably flat in the past year after inflation, but it is starting to recover, slowly

The country's largest bank says overall spending is probably flat in the past year after inflation, but it is starting to recover, slowly

Westpac says spending on its credit and debit cards was up just 2% in December compared with the previous year

Westpac says spending on its credit and debit cards was up just 2% in December compared with the previous year

The country's largest bank says the types of spending most sensitive to interest rates are experiencing the largest falls

The country's largest bank says the types of spending most sensitive to interest rates are experiencing the largest falls

Worldline NZ data shows that retail spending slipped 0.5% in August when compared with the same month in 2023

Worldline NZ data shows that retail spending slipped 0.5% in August when compared with the same month in 2023

Latest card spending data from the country's biggest bank shows that annual growth has fallen below 1%, suggesting sales volumes are still falling

Latest card spending data from the country's biggest bank shows that annual growth has fallen below 1%, suggesting sales volumes are still falling

It's official: The wallets are being slammed shut. Electronic card transactions data from Statistics NZ shows that retail sales figures - which are not adjusted for inflation - are below the levels of a year ago

It's official: The wallets are being slammed shut. Electronic card transactions data from Statistics NZ shows that retail sales figures - which are not adjusted for inflation - are below the levels of a year ago

Latest spending data from the country's biggest bank highlights the extent to which Kiwis have put their wallets away as rising costs and higher interest rates have taken their toll

Latest spending data from the country's biggest bank highlights the extent to which Kiwis have put their wallets away as rising costs and higher interest rates have taken their toll

Stats NZ figures show that seasonally adjusted retail sales by volume increased by 0.5% in the March quarter, but the figures were down 2.4% on the volumes recorded for the same quarter in 2023

Stats NZ figures show that seasonally adjusted retail sales by volume increased by 0.5% in the March quarter, but the figures were down 2.4% on the volumes recorded for the same quarter in 2023

Stats NZ figures show retail card spending fell for the third consecutive month on a seasonally adjusted basis

Stats NZ figures show retail card spending fell for the third consecutive month on a seasonally adjusted basis

Stats NZ figures show that retail card spending fell a seasonally-adjusted 1.8% in February after a bounce in activity in January

Stats NZ figures show that retail card spending fell a seasonally-adjusted 1.8% in February after a bounce in activity in January

Westpac says its customers are spending just 3.4% more than a year ago, while the population has grown 2.8% and retail prices have increased about 4%; customers with mortgages particularly spending less

Westpac says its customers are spending just 3.4% more than a year ago, while the population has grown 2.8% and retail prices have increased about 4%; customers with mortgages particularly spending less

Stats NZ figures show that retail card spending fell a seasonally-adjusted 2.0% in December

Stats NZ figures show that retail card spending fell a seasonally-adjusted 2.0% in December

Stats NZ figures show that total card spending fell by 0.3% in October, while retail spending dropped by 0.7%; 'the softness in spending is notable as it comes as population growth is continuing to surge'

Stats NZ figures show that total card spending fell by 0.3% in October, while retail spending dropped by 0.7%; 'the softness in spending is notable as it comes as population growth is continuing to surge'

Stats NZ figures show that total card spending rose by 0.9% in August, reversing a drop of the same magnitude in July. However, spending on consumable and durable goods was down

Stats NZ figures show that total card spending rose by 0.9% in August, reversing a drop of the same magnitude in July. However, spending on consumable and durable goods was down

Stats NZ figures show that total card spending fell by 0.9% in July, reversing some of the gains made in June when there was a rush of fuel spending to beat the excise duty rise

Stats NZ figures show that total card spending fell by 0.9% in July, reversing some of the gains made in June when there was a rush of fuel spending to beat the excise duty rise