Global Economic News

New Zealand August Electronic Retail Card Spending Sinks 7.9%

The value of retail electronic card transactions in New Zealand dropped a seasonally adjusted 7.9 percent on month in August, Statistics New Zealand said on Thursday - following the 1.2 percent increase in July.

On a yearly basis, retail card transactions dipped 0.8 percent after jumping 11.4 percent in the previous month.

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by RTTNews Staff Writer

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