It's 'bye bye big spender' say Kiwibank economists as a flagging house market stifles consumer spending - Interest.co.nz

Latest Kiwibank household spending data shows that the March quarter spending was 'especially weak'

Household spending in the March quarter was especially weak, say Kiwibank economists. And the signs are that rising costs and a weaker housing market will dampen consumer spending as the year goes on… [+4977 chars]

full article...