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New Zealand's consumer spending rose 2.2% year-on-year in February 2026, with Auckland seeing strongest growth in 24 months, but unemployment rose to 5.4%, the highest since 2015.
Consumer spending in New Zealand rose 2.2% year-on-year in February 2026, with Auckland/Northland seeing its strongest growth in 24 months, driven by a 2.8% underlying increase.
Regional performance varied, with Waikato, Otago, and Palmerston North leading, while Wairarapa and Gisborne saw the largest declines.
Valentine’s Day flower and jewellery sales dropped 14.5% to $4.8 million, likely due to wet weather.
Boxing Day non-food sales fell 12.4% to $51 million, and the national unemployment rate rose to 5.4%, the highest since 2015.
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El gasto del consumidor de Nueva Zelanda aumentó un 2,2% interanual en febrero de 2026, con Auckland registrando el crecimiento más fuerte en 24 meses, pero el desempleo aumentó a 5,4%, el más alto desde 2015.