New Zealand's credit card spending increased at a slower rate in June, data from the Reserve Bank of New Zealand showed Monday.
Total credit card billing grew 7 percent year-over-year in June following the 7.6 percent rise in May.
On a month-over-month basis, credit card spending rose 0.7 percent in June, slower than the 3.2 percent increase in May.
Total credit card outstanding advances was up 4.9 percent year-on-year in June, less than the 5.2 percent growth in May.
Compared to the previous month, outstanding balance rose 0.3 percent following the 0.6 percent increase in May.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.