Card Spending Sees Strong Growth In May
Seasonally adjusted card spending rose by $189 million (2.3 percent) between April 2021 and May 2021, Stats NZ said today.
Spending rose across all industries for the first time since New Zealand moved to level 1 in June 2020.
“With the trans-Tasman bubble opening and New Zealand remaining in level 1, Kiwi consumer confidence has remained high,” business statistics manager Geraldine Duoba said.
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