New Zealand's Black Friday weekend had more transactions but the same spending as last year, totaling $175.6M.

New Zealand's Black Friday weekend saw a 17% increase in transactions but no change in total spending compared to the previous year, totaling $175.6 million at core retailers. The average transaction value dropped by 2.8%, highlighting consumers' tight budgets. Spending varied across regions, with Gisborne and Taranaki seeing significant increases, while Auckland/Northland and Bay of Plenty experienced declines. The hospitality sector saw a 0.4% increase in spending.

December 02, 2024
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