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11 Feb 2025 8:50
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  •   Home > News > Business

    Consumer spending growth in 2024 was the slowest it's been in half a decade

    Consumer spending growth in 2024 was the slowest it's been in half a decade


    Wordline's annual figures show core retailers, excluding hospitality, reached 36.3 billion-dollars last year.

    That's up 0.8 percent on 2023.

    While the number of transactions increased, the average size declined by 0.6 percent - to just over 50-dollars.

    Chief sales officer Bruce Proffit says the low growth confirms how tough the retail environment was last year.

    © 2025 Newstalk ZB, NZCity

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