Plus   Neg

New Zealand Overall Credit Card Spending Gains 0.1%

Overall credit card spending in New Zealand was up a seasonally adjusted 0.1 percent on month in February, Statistics New Zealand said on Friday.

That follows the 0.6 percent increase in January.

Retail credit card spending sank 0.3 percent on month, missing forecasts for a gain of 0.1 percent following the 1.4 percent gain in the previous month.

It was the first decline after five straight months of gain.

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.

Follow RTT