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10.12.2017 23:18:44
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New Zealand Credit Card Spending Rises 1.4% In November
(RTTNews) - verall credit card spending in New Zealand was up a seasonally adjusted 1.4 percent on month in November, Statistics New Zealand said on Monday.
That beat forecasts for a gain of 0.76 percent following the upwardly revised 0.7 percent increase in October (originally 0.4 percent).
Retail credit card spending was up 1.2 percent, topping expectations for 0.5 percent and up from 0.3 percent in the previous month.
Core retail spending (which excludes the vehicle-related industries) rose 0.8 percent in November after a 0.5 percent rise in October.
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