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Thursday 21 October 2021

September card spend edges up, grocery falters

13th October 2021 By Staff Reporter | news@foodticker.co.nz | @foodtickernz

The easing of Covid-19 alert levels everywhere apart from Auckland saw September retail card spending edge up 0.9%, or $45m, compared with August to hit $5.15bn, according to Stats NZ.

For the grocery and liquor sub-sector the move from alert level 3 to 2 meant sales contracted by $83m or 3.3% compared with the previous month when sales swelled under lockdown.

Stats NZ said this was the largest fall of any of the six retail industries.

In the September 2021 quarter, seasonally adjusted retail spending decreased by $2.1bn or 11.6%, and total spending was down $3.1bn or 13.4% compared with the preceding June 2021 quarter.

 

 


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