For the quarter ending March 2023, total electronic card spending in the region was $424 million, a 6.4% increase from the March 2022 quarter. Comparatively, total retail spending in New Zealand was $17,671 million, an increase of 5.1% for the same period in the previous year.
The breakdown is as follows:
To better understand what's influenced these figures, our greatest sectors of spend, and annual growth supported by spending in tourism and travel (such as art, recreation, accommodation, cafes, and restaurants), check out the latest Retail Report.