New Zealand knowledge – October retail gross sales indicator decrease once more y/y

New Zealand Card Retail Gross sales – for purchases made in New Zealand on debit, credit score and retailer playing cards.

-1.1% y/y in October

• prior was -5.6% y/y in September

For the m/m, +zero.6%

• prior +zero.1%

**

Card spending knowledge covers round 68% of core retail gross sales in NZ. Its used as the principle retail gross sales indicator for the nation.

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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