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New Zealand's consumer spending fell 0.8% in March, marking continued economic sluggishness.
Consumer spending in New Zealand remained sluggish in March 2025, dropping 0.8% compared to March 2024, despite recent interest rate cuts.
Spending on groceries increased slightly, while spending on furniture, hardware, and hospitality declined.
Whanganui saw the highest retail spending growth, while major cities like Auckland and Wellington experienced declines.
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El gasto de los consumidores de Nueva Zelanda cayó un 0,8% en marzo, marcando una continua lentitud económica.