auckland.scoop.co.nz » A Wave Of Spending At Home
Press Release – Paymark Paymark figures reveal a continued mixed retail sector. Underlying spending through Accommodation merchants across the network in the June quarter was $0.3 billion, up 162.5% on the same quarter last year but still 13% below the pre-Covid levels of 2019. The sector had suffered badly during in the typical busy quarters ending March 2021 (36.5% below 2019) and December 2020 (30.3% below 2019). In contrast, the rest of the Core Retail sector have consistently reported spending above 2019 and 2020 in recent months. Spending for the Core Retail excluding Accommodation me...