New Zealand’s electronic card retail sales fell 1.4% month-over-month in June 2026, marking a sharp reversal from May’s 1.7% increase. The latest figures, updated on 14 July 2026, highlight a weakening in consumer spending momentum after a solid rise in the previous month.
The data compare the change in electronic card spending in June with May 2026, while the earlier reading measured May’s growth against April. The shift from a positive 1.7% in May to a negative 1.4% in June suggests households may be turning more cautious, with retailers likely to feel the impact of this retreat in card-based spending.