New Zealand's credit card spending declined for the first time in nine months in November, data from the Reserve Bank of New Zealand revealed on Wednesday.
Total credit card spending dropped a seasonally adjusted 2.6 percent monthly in November, after a 1.0 percent growth in October. Spending dropped for the first time since February.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.