Gisborne spending continues to reflect growth

This region in top three again for spending at shops.

This region in top three again for spending at shops.

File picture

Gisborne continues to show strong economic growth.

Paymark figures for last month put this region in the top three again for spending at shops.

The amount of money through Paymark eftpos machines — used by about 75 percent of retailers — show a 10.2 increase in Gisborne over September, compared to the same month last year.

In dollar terms, $41.4 million was spent in Gisborne last month and the number of transactions went up 8.3 percent compared to September 2017.

Gisborne was one of three regional centres to experience a growth rate in the double digits. Palmerston North was top with a 13 percent increase, Whanganui had 10.6 percent and Gisborne 10.2 perfect.

The lowest was Canterbury at 2.8 percent.

Auckland did have growth but at the lesser rate of 3.6 percent — however that was still $2072.2 million-worth of spending on plastic cards over September.

Paymark communication manager Paul Brislen said visitor numbers were down in Auckland and Northland, which might be partly to blame for reduced retail spending.

Gisborne continues to show strong economic growth.

Paymark figures for last month put this region in the top three again for spending at shops.

The amount of money through Paymark eftpos machines — used by about 75 percent of retailers — show a 10.2 increase in Gisborne over September, compared to the same month last year.

In dollar terms, $41.4 million was spent in Gisborne last month and the number of transactions went up 8.3 percent compared to September 2017.

Gisborne was one of three regional centres to experience a growth rate in the double digits. Palmerston North was top with a 13 percent increase, Whanganui had 10.6 percent and Gisborne 10.2 perfect.

The lowest was Canterbury at 2.8 percent.

Auckland did have growth but at the lesser rate of 3.6 percent — however that was still $2072.2 million-worth of spending on plastic cards over September.

Paymark communication manager Paul Brislen said visitor numbers were down in Auckland and Northland, which might be partly to blame for reduced retail spending.

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Tony Loftus - 2 months ago
If anyone is still trying to use an eftpos machine in the file picture, please contact us at Electronic Systems Service to arrange a replacement. Gisborne Herald, we'd be happy to help supply a new file photo :D

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