SPENDING SLOW PRE THE SCHOOL HOLIDAYS

By NZHJ April 26, 2016 Industry news

Hardware & Homeware shows strong gains in BNZ card spending to 17 April compared to slow growth overall.

Retail spending on BNZ credit and debit cards was again fairly slow, with value just +1.49% and volume +2.1% over the same week last year.

With the school holidays this year kicking in two weeks later than last year, BNZ however holds out some hope for stronger gains next week .

Store types with the largest rises in spending this week:

  • Hardware & Homeware +22.5%
  • Liquor +8.8%
  • Travel Agents +6.6%

Read the full report here.

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