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Card Spending Increases In March
New Zealanders spent $124 million (1.6 percent) more in March 2022 compared to February 2022, Stats NZ said today.
Seasonally adjusted card spending on non-retail industries, up $223 million (14.5 percent) from the previous month, drove this increase. Non-retail industries include travel agencies and tour arrangement services, health and pharmaceuticals, wholesaling, and other industries.
“The increase coincided with announcements about the upcoming easing of restrictions on international travel,” business performance statistics manager Ricky Ho said.
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