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Spending slumps in March as Covid-19 restrictions bite

But increase in grocery spending hits record high.

Brent Edwards Thu, 09 Apr 2020

New figures released today reveal the impact of Covid-19 on hospitality and accommodation, with retail card spending falling by more than $300 million in March.

Statistics New Zealand said that represented a 30% fall in spending on eating out and accommodation.

Total retail sales fell $231m,

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Brent Edwards Thu, 09 Apr 2020
Contact the Writer: brent@nbr.co.nz
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Spending slumps in March as Covid-19 restrictions bite
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