New Zealand Credit Card Spending Edge Up in February

2025-03-11 21:57 By Mojdeh Kazemi 1 min. read

Electronic card transactions in New Zealand rose by 0.3% to NZD 6,528 million on a seasonally adjusted basis in February 2025.

Consumables saw a 0.6% increase, while apparel gained 1%.

Fuel remained unchanged, showing no significant movement.

Motor vehicles (excluding fuel) experienced a slight decline of 0.3%, and durables also dropped by 0.1%.

Hospitality recorded a 0.1% decrease.

On a year-over-year basis, electronic card transactions fell by 4.2%, following a 0.5% drop the previous month, marking the eleventh consecutive month of declining consumer spending trends.



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