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New Zealand Overall Credit Card Spending Rises 0.6% In January

The total value of overall credit card spending in New Zealand was up a seasonally adjusted 0.6 percent on month in January, Statistics New Zealand said on Monday - following the 0.2 percent gain in December.

The value of retail credit card spending climbed 1.4 percent on month following the 0.5 percent increase in the previous month.

Credit card spending in the core retail industries (which excludes the vehicle-related industries) gained 1.0 percent in January after slipping 0.2 percent in December.

by RTT Staff Writer

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