Signs that green shoots are starting to flourish economically
Signs that green shoots are starting to flourish economically
12 December 2025
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 says 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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