New Zealand Electronic Retail Card Spending MoM (Jan) M/M -1.1% (Prev. -0.1%)
The decline in New Zealand's electronic retail card spending by 1.1% in January, compared to a previous drop of 0.1%, signals a potential weakening in consumer confidence and spending behavior.
PRE-MARKET AUSTRALIAN STOCKS NEWS: Earnings deluge including Ansell, Aurizon, Bendigo & Adelaide Bank, BlueScope Steel, JB Hi-Fi, New Hope, Stockland & Treasury Wine
Newsquawk Daily Asia-Pac Opening News - 16th February 2026
New Zealand Electronic Retail Card Spending MoM (Jan) M/M -1.1% (Prev. -0.1%)
New Zealand Composite NZ PCI (Jan) 52.5 (Prev. 53.9, Rev. From 53.7)
US President Trump on Iran, says another carrier is going to the Middle East
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This downturn may influence expectations for monetary policy, suggesting a cautious outlook for economic growth and possibly impacting interest rate projections moving forward.
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