New Zealand Electronic Retail Card Spending MoM (Apr) M/M -1.3% (Prev. 0.7%)

The latest New Zealand electronic retail card spending data shows a significant decline of 1.3% month-over-month, down from a prior gain of 0.7%.

Newsquawk StaffPublished 18 May 2026, 23:05 UTCOn the live feed at 22:45 UTC — 1 more headline followed before this page went public

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23:12

Australian Treasurer Chalmers says the Budget aims to be helpful, not harmful on inflation

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BoK forecasts Samsung Electronics (005930 KS) strike to cut GDP growth by 0.5 percentage points

22:45

New Zealand Electronic Retail Card Spending MoM (Apr) M/M -1.3% (Prev. 0.7%)

22:23

Hezbollah says it attacked Israeli soldiers in the town of Rashaf, southern Lebanon with drones, while Israeli army announces evacuation warning for a building in the city of Tyre, southern Lebanon

22:00

Newsquawk Daily Asia-Pac Opening News - 19th May 2026

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Context

This unexpected drop could indicate weakening consumer spending, which may have implications for economic growth and could influence the Reserve Bank of New Zealand's policy outlook going forward.

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