FX.co ★ New Zealand Credit Card Spending Falls 0.9%

Seasonally adjusted electronic card transactions in New Zealand fell by 0.9% month-on-month in August 2026, reversing a downwardly revised 1.2% increase recorded in July. The overall decline was driven by reduced spending on hospitality (-1.7% vs 2.4% in July), durables (-1.6% vs 2.0%), apparel (-2.0% vs 3.2%), and consumables (-0.4% vs 1.0%). In addition, motor vehicle spending contracted at a slightly faster rate (-0.3% vs -0.2%).