Retail card spending down 0.2 percent in July

In actual terms, total retail spending using electronic cards reached $6.2 billion, down $31 million (0.5 percent) from July 2021.

The electronic card transactions series covers all debit, credit, and charge card transactions with New Zealand-based merchants. It can be used to indicate changes in consumer spending and economic activity.

Values are only available at the national level and are not adjusted to price changes.