Plus   Neg

New Zealand Credit Card Spending Jumps 1.3% In September

Overall credit card spending in New Zealand was up a seasonally adjusted 1.3 percent on month in September, Statistics New Zealand said on Wednesday - accelerating from the 1.1 percent gain in August.

Retail credit card spending gained 1.1 percent on month - exceeding expectations for an increase of 0.6 percent and up from 1.0 percent in the previous month.

Core retail spending (which excludes the vehicle-related industries) rose 1.1 percent in September after a 0.9 percent rise in August.

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