13th September 2021 Data / Spend
Retail card spending in New Zealand fell 19.8% in August compared with July reflecting reduced spending as the country went into lockdown mid-month, according to Stats NZ.
The value of NZ exports continues to climb hitting a new high of $6bn in June this year.
Core retail spend has been consistently above 2019 and 2020 in recent months coming in at $10.9bn in the June quarter, according to Paymark.
Did a global pandemic end Nestlé’s reign at the top of the international F&B power list?
Retail card spending was stable in November rising just 1.4% or $85m to $6.25bn.