Higher oil prices and anticipation of the Regional Fuel Tax has seen a decline is spending by Aucklanders
Higher oil prices and anticipation of the Regional Fuel Tax has seen a decline is spending by Aucklanders
4 July 2018
Paymark has today released figures showing slow growth in the amount of money being spent in the month of June.
Paymark Chief Product Marketing Officer Maxine Elliot says it looks like there's a trend since oil prices went up, of people spending less.
She says the rising cost of fuel will be having an impact on disposable income.
Elliot says this will affect how much and how often they are spending.
© 2024 Newstalk ZB, NZCity