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New Zealand's retail spending rose 1.4% in February 2026, driven by hospitality and apparel, despite ongoing inflation and fuel cost concerns.
New Zealand’s retail spending rose 1.4% in February 2026, reversing a weak January, with hospitality, consumables, and apparel seeing gains.
Core retail spending increased 1.6%.
Electronic card transactions rose 1.4%, totaling $9.2 billion, with credit cards dominating at 71% of transactions.
Fuel and motor vehicle spending declined, while services like repairs and personal care dipped.
Despite the rebound, spending growth lagged inflation, and rising fuel costs pose risks.
Economists note improved disposable income from lower interest rates and strong exports, but caution about sustainability.
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El gasto minorista de Nueva Zelanda aumentó un 1,4% en febrero de 2026, impulsado por la hospitalidad y la indumentaria, a pesar de las preocupaciones continuas sobre la inflación y el costo del combustible.