NEWCASTLE Permanent's most recent Customer Spend Trend Report showed year-on-year expenditure growth in spite of the pandemic.
The report analysed more than 4.6-million card transactions made by more than a quarter of a million customers in November 2020.
It compared this to November 2019 data and spending patterns recorded during the NSW COVID-19 lockdown period of March and April 2020.
It found year-on-year expenditure growth in the food and grocery, home improvement, retail goods, department store, entertainment and dining sectors.
Categories with weaker year-on-year performance included airline expenditure and car purchases.
Newcastle Permanent said customers spent more than $5 million more at the supermarket in November 2020 than they did in lockdown period, which already recorded a 37 per cent lift compared to November 2019.
Overall, customers spent an additional $40.5 million - or 19.5 per cent - in November 2020 compared to November 2019.
The number of card transactions increased by 22 per cent on the year before.
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