Retail spending dips as Kiwis tighten belts in May
Kiwis remain hesitant to open their wallets and spend, according to Stats NZ's latest electronic card data.
Card spending in the retail industries fell by 0.2% ($9.9 million) in the month of May compared to April.
Likewise spending in the core retail industries also fell by 0.2% ($11 million).
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