Total credit card spending in New Zealand was up 1.1 percent on month in July, Statistics New Zealand said on Tuesday.
That topped expectations for an increase of 0.8 percent and up from the upwardly revised 0.7 percent gain in June (originally 0.6 percent).
Retail credit card spending added 0.4 percent - shy of forecasts for an increase of 0.5 percent, which would have been unchanged from the previous month.
Credit card spending in the core retail industries was up 0.5 percent.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.