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Manawatū electronic retail card spend grows a solid 8.8%

Electronic card retail spending in Manawatū has continued its rise to the year ending September 2022, with a solid 8.8% increase compared with 7% nationally.

For the September 2022 Quarter, total electronic card spending in the region was $422 million, a 17.2% increase from the September 2021 quarter. Comparatively, total retail spending in New Zealand was $17,840 million.

The breakdown for our regional electronic spending is as follows:

    • Palmerston North city - $354 million (17.1% increase from the Sep 2021 quarter)
    • Manawatū district - $68 million (17.3% increase from the Sep 2021 quarter)

To better understand what's influenced these figures, our greatest sectors of spend, the impact of inflation and our borders reopening, check out the latest Retail Report.

If you have any questions on this data, we welcome questions or comments through [email protected].

This was published in the Economic Updates newsletter on December 8, 2022. Sign up here to receive our newsletters directly

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