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Source: MIL-OSI Submissions

Lockdown causes sharp drop in August electronic card spending – Media release

10 September 2021

Retail card spending in New Zealand fell 19.8 percent in August as the country went into lockdown in the second half of the month, Stats NZ said today.

This latest drop in monthly seasonally adjusted card spending was less than half the drop seen in April 2020 (down 47.3 percent) when the country was in lockdown for almost the entire month.

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