New Zealand Credit Card Spending

New Zealand electronic retail card spending rose 2.6 percent from a month earlier to NZD 5.86 billion in November 2019, rebounding from a downwardly revised 0.5 percent fall in October and above market expectations of a 0.5 percent gain. It was the biggest increase since January 2017, amid Black Friday and Singles Day sales promotions. Spending increased for consumables, including groceries and liquor (1.4 percent from -0.5 percent in October); durables, including hardware, appliances, department stores, and pharmaceuticals (5.4 percent from -0.8 percent); apparel (1.8 percent from -0.8 percent); and vehicles (1.4 percent from -1 percent). Also, spending advanced further in hospitality (1.4 percent from 0.1 percent); while fuel purchases eased (0.9 percent from 1.1 percent). Year-on-year, electronic retail card spending went up 5.1 percent, after a 1.6 percent rise and beating market forecasts of a 1.5 percent gain. Credit Card Spending in New Zealand averaged 3903.25 NZD Million from 2002 until 2019, reaching an all time high of 5861 NZD Million in November of 2019 and a record low of 2154 NZD Million in November of 2002. source: Statistics New Zealand

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

Learn More Questions? Contact us Already a Member? Login

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us

Please Paste this Code in your Website

width

height

Preview

Calendar	GMT		Actual	Previous	Consensus	TEForecast
2019-11-10	09:45 PM	Electronic Retail Card Spending YoY Oct	1.6%	0.6%	2.2%
2019-11-10	09:45 PM	Electronic Retail Card Spending MoM Oct	-0.6%	0.2%	0%
2019-12-10	09:45 PM	Electronic Retail Card Spending MoM Nov	2.6%	-0.5%	0.5%
2019-12-10	09:45 PM	Electronic Retail Card Spending YoY Nov	5.1%	1.6%	1.5%
2020-01-15	09:45 PM	Electronic Retail Card Spending MoM Dec		2.6%		5630%
2020-01-15	09:45 PM	Electronic Retail Card Spending YoY Dec		5.1%		5630%
2020-02-11	09:45 PM	Electronic Retail Card Spending YoY Jan

New Zealand Consumer	Last	Previous	Highest	Lowest	Unit
Consumer Confidence	103.10	103.50	130.90	79.10	points	[+]
Retail Sales MoM	1.60	0.20	2.90	-2.80	percent	[+]
Retail Sales YoY	4.50	2.90	9.30	-8.00	percent	[+]
Consumer Spending	39273.00	39079.00	39273.00	15210.00	NZD Million	[+]
Private Sector Credit	475403.00	474132.00	475403.00	10449.00	NZD Million	[+]
Bank Lending Rate	9.00	9.00	16.02	7.50	percent	[+]
Households Debt To GDP	94.40	94.00	94.40	27.90	percent of GDP	[+]
Households Debt To Income	164.40	164.20	164.40	56.20	percent	[+]
Credit Card Spending	5861.00	5711.00	5861.00	2154.00	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 December of 2019.