Retail card spending flat in February 2023 – Media release
9 March 2023
Retail card spending remained at $6.6 billion in February 2023 compared with January 2023, when adjusted for seasonal effects, according to data released by Stats NZ today.
Spending rose across most of the retail spending categories. The rises were led by spending on durables (furniture, hardware, and appliances) and consumables (groceries and liquor). Durables rose $48 million (2.9 percent) while consumables increased $32 million (1.2 percent).
The only spending category that saw a decrease was apparel (clothes and shoes), down $11 million (3.0 percent).
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