New Zealand Credit Card Spending for August +3.5% y/y (prior +1.4%)
RBNZ reports a rise in credit spending.
- Seasonally adjusted total billings in New Zealand were $4.5 billion in August-25.
- Annually, this was an increase of 3.5 percent from August 2024
NZD/USD up a few small tics to circa 0.5884.