The weekly BNZ Marketview consumer spending indicator for the week ending 14 Feb has hardware & homeware spending growth well ahead of the market.
Consumer spending on BNZ credit and debit cards for the last 7 days (ex fuel) was +3.1% and +4% for the last 52 weeks.
The store types with the largest rises in spending included sports & camping (+18%), hardware & homeware (+12%) and department stores (+10%).
One other interesting aside was that spending on the Monday of Waitangi weekend was down on last year, the same day last year being a working day.
Read the whole report here.
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