Consumer spending has increased in February, signalling a positive recovery within the retail sector
Consumer spending has increased in February, signalling a positive recovery within the retail sector
6 March 2026
Worldline NZ's payments network shows spending reached more than 3.6 billion dollars, up 2.2 percent on February last year.
The Auckland and Northland regions saw a lift of 2.8 percent year on year - the most growth the area has seen in a single month in nearly two years.
Infometrics Principal Economist Nick Brunsdon says consumer confidence is continuing to grow.
He says December saw a 4.9 increase in retail trade, so it's all pointing in the same direction.
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