BNZ: RECENT RETAIL "BOOM" TAKES A SMALL HIT

By NZHJ October 23, 2015 Retailing News

Marketview's regular tally of spending on BNZ credit and debit cards shows a minor setback for the week ending 18 October 2015.

The last month has been strong for retail but growth has stepped back in the last week, with spending just +3.84% compared to the same week last year.

While this figure would usually be considered really good, says Marketview and the BNZ, it is actually the lowest weekly figure since the last week of August.

Store types with the largest rises in spending this week were: Sports & camping equipment (+16.6%; Takeaways (+7.7%); and Travel Agents (+6.2%).

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