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 ABOVE

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 ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

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

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c4dbdfe0-8aad-4391-86f3-b24300682e10/transcript