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"Green shoots starting to flourish": Retail card spending up 1.6% compared to last year

Author
Newstalk ZB,
Publish Date
Fri, 12 Dec 2025, 6:25pm
Photo / Andrew Warner
Photo / Andrew Warner

"Green shoots starting to flourish": Retail card spending up 1.6% compared to last year

Author
Newstalk ZB,
Publish Date
Fri, 12 Dec 2025, 6:25pm

There are signs that green shoots are starting to flourish economically. 

The latest card spending data from Stats NZ shows retail spending was up 1.6-percent last month, compared to November last year. 

Spending was up across the board - on the likes of groceries, household items and clothes.

ASB Chief Economist Nick Tuffley told Ryan Bridge that the GDP for the second half of the year has had a strong rebound. 

He says they're expecting 0.8 percent for the upcoming quarter.

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