Global Economic News

New Zealand Overall Electronic Spending Slips 0.2% In March

The total value of credit card spending in New Zealand was down 0.2 percent on month in March, Statistics New Zealand said on Friday - missing forecasts for a flat reading following the 0.1 percent gain in February.

Retail credit card spending sank 0.3 percent, well shy of expectations for a gain of 0.5 percent following the 0.9 percent gain in the previous month.

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by RTTNews Staff Writer

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