New Zealand Electronic Retail Card Sales Slip 2.5% In December

RTTNews | 1334 days ago
New Zealand Electronic Retail Card Sales Slip 2.5% In December

(RTTNews) - The total value of electronic card retail sales in New Zealand was down 2.5 percent on month in December, Statistics New Zealand said on Wednesday - after rising 0.3 percent in November.

Individually, spending for durables fell 5.7 percent, while fuel was down 4.3 percent, apparel fell 4.7 percent, motor vehicles sank 2.9 percent and consumables eased 1.5 percent.

The non-retail (excluding services) category decreased by NZ$25 million (1.3 percent) from November 2022. This category includes medical and other health care, travel and tour arrangement, postal and courier delivery, and other non-retail industries.

The services category was down NZ$7.1 million (2.0 percent). This category includes repair and maintenance, and personal care, funeral, and other personal services.

The total value of electronic card spending, including the two non-retail categories (services and other non-retail), decreased from November 2022, down NZ$104 million (1.2 percent).

read more
New Zealand Q2 Terms Of Trade Tumbles 9.0%

New Zealand Q2 Terms Of Trade Tumbles 9.0%

New Zealand's terms of trade dropped a seasonally adjusted 9.0 percent on quarter in the second quarter of 2026, Statistics New Zealand said on Thursday.
RTTNews | 9 days ago
New Zealand Hikes Interest Rate For Second Straight Time

New Zealand Hikes Interest Rate For Second Straight Time

The Reserve Bank of New Zealand delivered back-to-back rate hikes to contain inflation and also signaled further tightening. The Monetary Policy Committee, governed by Anna Breman, decided to raise the Official Cash Rate by 25 basis points to 2.75 percent.
RTTNews | 10 days ago
New Zealand Building Permits Sink 4.3% In July

New Zealand Building Permits Sink 4.3% In July

The total number of building permits issued in New Zealand was down a seasonally adjusted 4.3 percent on month in July, Statistics New Zealand said on Wednesday - coming in at 3,579.
RTTNews | 10 days ago
New Zealand Retail Sales Sink 0.5% In Q2

New Zealand Retail Sales Sink 0.5% In Q2

The volume of retail sales in New Zealand was down a seasonally adjusted 0.5 percent on quarter in the second quarter of 2026, Statistics New Zealand reported on Monday - coming in at NZ$26 billion.
RTTNews | 19 days ago
New Zealand PPI Inputs Climb 2.9% In Q2

New Zealand PPI Inputs Climb 2.9% In Q2

New Zealand producer price inputs were up 2.9 percent on quarter in the second quarter of 2026, Statistics New Zealand said on Wednesday.
RTTNews | 24 days ago