13 Jan 2011

Electronic spending down in December

11:33 am on 13 January 2011

Electronic spending fell last month. Statistics New Zealand says the value of transactions on credit, debit and charge cards fell by 1.2%.

December's fall followed three consecutive months of rises in spending.

All sectors recorded falls except for a 3.3 per cent rise in retail fuel.

Core retailing dropped by 1.6%.