Cautious spending: Card data shows dip in retail sales for May

Cautious spending: Card data shows dip in retail sales for May

Kiwis remain hesitant to open their wallets and spend, according to Stats NZ’s latest electronic card data. Card spending in the retail industries fell by...

Retail spending dips as Kiwis tighten belts in May – Net News 1

ICYMI: Economist Satish Ranchhod says retail spending likely to remain ‘soft for a while’.http://dlvr.it/TLJSXHhttp://dlvr.it/TLJdv6http://dlvr.it/TLKmPK

Retail footfall dips in May despite higher consumer confidence

Retail footfall dropped in May amid a wider slowdown in consumer spending despite higher consumer confidence, according to new data. Total UK footfall fell by 1.7 per cent in May year on year, down from a 7.2 per cent rise in April, according to new figures from the British Retail Consortium (BRC). Footfall at shopping centres and on the high street fell by 2.5 per cent, while retail park footfall fell by just 0.2 per cent. More Brits in the sou…

Retail card spending still in the doldrums

Electronic cards data for May shows that even after excluding the impact of falling petrol prices, core retail sales fell again; 'spending has effectively been tracking sideways despite falls in petrol prices'