Electronic card transactions in New Zealand increased by 0.7 percent over a year earlier in May of 2022, slowing from a 2.1 percent rise in the previous month. Purchases of consumables (3.6 percent vs 6.5 percent in April) eased while that of durables (-1.7 percent vs 1.5 percent), hospitality (-5 percent vs -4.9 percent) and apparel (-5.8 percent vs -3.2 percent) fell. On the other hand, purchases of fuel rose 12.4 percent, accelerating from a 3.9 percent increase. On a seasonally adjusted monthly basis, electronic card spending went up by 1.9 percent. source: Statistics New Zealand
Credit Card Spending in New Zealand averaged 4119.76 NZD Million from 2002 until 2022, reaching an all time high of 7771 NZD Million in December of 2021 and a record low of 56.91 NZD Million in August of 2002. This page provides - New Zealand Credit Card Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Credit Card Spending - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
Credit Card Spending in New Zealand is expected to be 6465.00 NZD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Credit Card Spending is projected to trend around 6775.00 NZD Million in 2023, according to our econometric models.