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Retail Hums Along Ahead Of Xmas

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Hawke’s Bay retailers are eyeing a bumper holiday period, with city centres in Hastings and Napier already “pumping” ahead of the Christmas rush.

Latest data from Paymark, which processes about three-quarters of all electronic transactions, show spending last month rose 5.4 per cent year-on-year, with a total of $151.7 million worth of transactions recorded.

The number of transactions also rose, with debit and credit cards swiped 3,350,000 times over the month – a 4 per cent rise from the same month last year. That worked out at an average of about $45 per purchase.

The latest figures topped off a good month for the region’s retailers, following the success of Black Friday on November 23 when Paymark processed 140,000 transactions, as Hawke’s Bay consumers spent $7m in a day.

Photo: It has been a busy shopping month in Hawke’s Bay. Photo / Warren Buckland

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Posted: 7 December 2018

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