Asian Economic News

New Zealand Credit Card Spending Rises In August

Credit card spending in New Zealand rose marginally in August after declining in July, figures released by the Reserve Bank of New Zealand showed Friday.

Spending rose 0.1 percent month-on-month in August, following a 1.5 percent decline in July. On an annual basis, card spending rose 1.9 percent.

Domestic billings on credit cards issued in New Zealand remained unchanged from a month earlier, while overseas billings on New Zealand issued cards fell 2.4 percent.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More Asian Economic News