FX.co ★ New Zealand's Electronic Card Retail Sales Dip Further in June 2025

In a surprising turn, New Zealand's electronic card retail sales have taken a further plunge, recording a -0.4% change in June 2025. This marks a continued decline from May 2025, where the indicator stood at -0.1%. The updated statistics, available as of July 13, 2025, highlight a concerning downward trend in consumer spending via electronic card transactions in the nation.

The year-over-year comparison paints a clear picture of decelerating consumer confidence, as the downturn in June represents a more significant contraction compared to the relatively modest decline observed in May. Economists are closely watching these numbers, interpreting them as indicators of broader economic conditions potentially affecting New Zealand's retail sector.

As the New Zealand economy navigates these challenges, analysts will be keenly observing the impending months to gauge whether this downward trajectory in electronic card retail sales stabilizes or worsens. Such insights are critical for policymakers and businesses alike as they strategize and adapt to the evolving financial landscape.