NZ June Electronic Card Transactions, Retail: +0.5% m/m (expected +0.5%)

NZ June Electronic Card Transactions

Retail +0.5% m/m,

• expected +0.5%, prior was +1.2%

Total card spending +0.6% m/m,

• prior was +1.4%

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Via Stats NZ:

• "Spending rose in four of the six retail industries," business indicators manager Neil Kelly said
• "Fuel spending had the largest rise, returning to the levels seen before the price falls of late last year. The rise in fuel was partially offset by falls in apparel and durables spending."
• Core retail spending (which excludes the vehicle-related industries) was flat in June 2015, following a 0.4 percent rise in May.