New Zealand media outlet NZ Herald reported on January 10 that consumer data from New Zealand reveals that industries such as swimming pools, live theaters, ticket agencies, e-cigarette shops, and duty-free stores have emerged as bright spots in New Zealand's consumer market.
According to data released by Worldline, retail spending set a record in December of last year, while overall retail spending in New Zealand is projected to reach NZD 36.8 billion (approximately USD 25.4 billion) in 2023, representing a 3.8% increase from the previous year. The average transaction amount for 2023 is NZD 51.10, marking a 1.5% decrease from 2022, indicating that consumers were more cautious in their spending last year despite an increase in consumer prices.
Expenditures for live theaters and ticket agencies increased by 16.9% compared to last year. Expenditures for e-cigarette stores, as well as massage, health, and beauty establishments, grew by 16.5% and 14.1% respectively.
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