New Zealand's electronic card retail sales decreased 0.4% in April 2024, with a yearly decrease of 3.8% (summary).
New Zealand's electronic card retail sales decreased by 0.4% in April 2024, an improvement from the previous month's -0.7% contraction. Retail spending via electronic means remains in a negative trend, with a yearly decrease of 3.8%. The data suggests a recent slowdown in retail spending, which will be closely monitored for signs of economic recovery and stability in the retail sector.
May 13, 2024
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