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New Zealand – Card Spending for December +0.4% m/m (expected -2.3%)

New Zealand – Card Spending for December +0.4% m/m (expected -2.3%)

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Eamonn Sheridan
18/01/2022 | 22:06 GMT
  • Card spending data covers around 68% of core retail sales in NZ. Its used as the main retail sales indicator for the country.

Retail card spending +0.4% m/m vs.

  • expected -2.3% m/m, prior 9.6%

Retail card spending +4.2% y/y vs.

  • expected 8.5% y/y, prior 2.9%

NZD/USD barely changed since the data were published:

nzdusd chart 19 January 2022

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