Antipodean Macro

Antipodean Macro

Only Charts

ONLY CHARTS #408

NZ consumer spending, NZ manufacturing PMI, Aus domestic airfares, NZ Q2 GDP nowcast, US CPI, World shipping costs

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Antipodean Macro
Sep 12, 2025
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1. Domestic spending using credit and debit cards in New Zealand rose +0.4% m/m in August. Retail spending rose +0.7% m/m and ‘core’ retail spending increased +0.9% m/m.

2. Rolling quarterly growth in kiwi spending using payment cards returned to positive territory in August.

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