The value of electronic retail card transactions jumped a seasonally adjusted 0.9 percent on month in August, Statistics New Zealand said on Friday - after slipping 0.,2 percent in July.
Spending in the core retail industries, which excludes automotive spending, increased 2.1 percent on month.
By spending category, the movements were: consumables, up NZ$18 million (0.7 percent); motor vehicles (excluding fuel) remained flat (0.0 percent); apparel, down NZ$1 million (0.2 percent); durables, down NZ$9 million (0.5 percent); and fuel, down NZ$17 million (2.8 percent).
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.