Brad Olsen: Infometrics Principal Economist on card spending dropping in November

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Recorded11 Dec 2024

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The latest card spending data from November indicates Kiwis are keeping their expenses down for another month. Kiwibank reports claim the value of spending dropped 2.5 percent in November and new ANZ data shows a drop of 1.2 percent year on year. Infometrics Principal Economist Brad Olsen says there's hope for the economy - as we're seeing early green shoots ahead of the Christmas season. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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