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New Zealand : NEW ZEALAND credit card spending grows faster year-over-year rate in MAY

June 24, 2014

In May, New Zealand credit card spending has been increased at a faster year-over-year rate.

Total credit card billing has been increased a seasonally adjusted 7.5 percent year-over-year in May, which is a faster rate of increase than the 3.2 percent rise in April. The total value of billing totaled to NZD 2.8 billion.

The credit card spending went up 3 percent in May, reversing the 3 percent drop in April on a month-over-month basis.

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Source: TendersInfo (India)

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