Christmas retail spending
The country's biggest bank, ANZ, reports that the very cyclical 'durables' spending is showing the largest overall annual rate of growth
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The country's biggest bank, ANZ, reports that the very cyclical 'durables' spending is showing the largest overall annual rate of growth
The country's largest bank says overall spending is probably flat in the past year after inflation, but it is starting to recover, slowly
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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
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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
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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
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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
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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
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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
[updated]
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
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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
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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
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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
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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
[updated]
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'
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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'
[updated]
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
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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