Consumer spending has increased in February, signalling a positive recovery within the retail sector. 

Worldline NZ’s payments network shows spending reached more than $3.6 billion, up 2.2% on February last year. 

The Auckland and Northland regions saw a lift of 2.8% year on year – the most growth the area has seen in a single month in nearly two years. 

Infometrics Principal Economist Nick Brunsdon told Mike Hosking consumer confidence is continuing to grow. 

He says December saw a 4.9% in retail trade, so it's all pointing in the same direction. 

LISTEN ABOVE  

Consumer spending has increased in February, signalling a positive recovery within the retail sector.&nbsp;
Worldline NZ’s payments network shows spending reached more than $3.6 billion, up 2.2% on February last year.&nbsp;
The Auckland and Northland regions saw a lift of 2.8% year on year – the most growth the area has seen in a single month in nearly two years.&nbsp;
Infometrics Principal Economist Nick Brunsdon told Mike Hosking consumer confidence is continuing to grow.&nbsp;
He says December saw a 4.9% in retail trade, so it's all pointing in the same direction.&nbsp;
LISTEN ABOVE &nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

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Nick Brunsdon: Infometrics Principal Economist on consumer spending continuing its rise in February

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/74378c8c-37c4-41e7-a704-b4040144bc55/transcript