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Politics
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Big spending jump during May no surprise

Will spending increase continue now restrictions on domestic business have been removed?

Brent Edwards Thu, 11 Jun 2020

Consumers started spending again in May, with purchases on electronic cards $2.3 billion higher than in April, when the country was largely in lockdown.

But electronic card spending of $5.2b was still $332 million lower – the equivalent of a 6% drop – compared with May last year.

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Brent Edwards Thu, 11 Jun 2020
Contact the Writer: brent@nbr.co.nz
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Big spending jump during May no surprise
Politics,
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