Retail credit card spending in New Zealand was up a seasonally adjusted 79 percent on month in May, Statistics New Zealand said on Thursday.That followed the Covid-19 pandemic-induced 46.8 percent monthly plunge in April.On a yearly basis, retail credit card spending was down 6.0 percent after plummeting 47.6 percent in the previous month. Spending in the core retail industries fell 2.5 percent on...
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.