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. source: Statistics New Zealand
Credit Card Spending in New Zealand increased to 6589 NZD Million in December from 6460 NZD Million in November of 2024. Credit Card Spending in New Zealand averaged 4428.91 NZD Million from 2002 until 2024, reaching an all time high of 6702.00 NZD Million in March of 2023 and a record low of 2145.00 NZD Million in November 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 March of 2025.
Credit Card Spending in New Zealand increased to 6589 NZD Million in December from 6460 NZD Million in November of 2024. Credit Card Spending in New Zealand is expected to be 6600.00 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 7100.00 NZD Million in 2026 and 7150.00 NZD Million in 2027, according to our econometric models.