New Zealand electronic retail card spending rose 1.1 percent from a month earlier to NZD 5.56 billion in August 2019, after being unchanged in July. Spending rose across five of the six retail industries: durables, including hardware, furniture, and appliances (up 1.7 percent); consumables, including groceries and liquor, (up 0.8 percent); hospitality, (up 1.5 percent); apparel (up 4.5 percent); and vehicles (up 4.4 percent). In contrast, fuel purchases were down 1.4 percent. Core retail spending (excluding vehicle-related industries) advanced 1.3 percent in August, after a 0.4 percent fall in July. Credit Card Spending in New Zealand averaged 3856.60 NZD Million from 2002 until 2019, reaching an all time high of 5562 NZD Million in August of 2019 and a record low of 2156 NZD Million in November of 2002.

New Zealand Credit Card Spending
Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-08-11 10:45 PM Electronic Retail Card Spending YoY Jul 1.6% 1.1% 2.2%
2019-08-11 10:45 PM Electronic Retail Card Spending MoM Jul -0.1% 0% 0.6%
2019-09-09 10:45 PM Electronic Retail Card Spending YoY Aug 2.8% 1.6%
2019-09-09 10:45 PM Electronic Retail Card Spending MoM Aug 1.1% 0.0%
2019-10-10 09:45 PM Electronic Retail Card Spending YoY Sep 2.8%
2019-10-10 09:45 PM Electronic Retail Card Spending MoM Sep 1.1%
2019-11-10 09:45 PM Electronic Retail Card Spending MoM Oct

New Zealand Consumer Last Previous Highest Lowest Unit
Consumer Confidence 103.10 103.50 130.90 79.10 Index Points [+]
Retail Sales MoM 0.20 0.70 2.90 -2.70 percent [+]
Retail Sales YoY 2.90 3.30 9.30 -8.00 percent [+]
Consumer Spending 39273.00 39079.00 39273.00 15210.00 NZD Million [+]
Private Sector Credit 468562.00 465368.00 468562.00 10449.00 NZD Million [+]
Bank Lending Rate 9.00 9.34 16.02 7.50 percent [+]
Households Debt To GDP 94.00 93.10 94.00 27.90 percent of GDP [+]
Households Debt To Income 164.40 164.20 164.40 56.20 percent [+]
Credit Card Spending 5562.00 5500.00 5562.00 2156.00 NZD Million [+]

New Zealand Credit Card Spending

In New Zealand, Electronic Retail Card Spending measures the credit card spending by individuals on consumables, durables, hospitality, apparel industry, motor vehicles and fuel. The electronic card transactions series covers all debit, credit, and charge card transactions with New Zealand-based merchants. It can be used to indicate changes in consumer spending and economic activity. This page provides - New Zealand Credit Card Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Credit Card Spending - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5562.00 5500.00 5562.00 2156.00 2002 - 2019 NZD Million Monthly
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