FX.co ★ Credit Card Spending in New Zealand Drops by 0.8% Year-over-Year

According to the latest data updated on April 22, 2024, credit card spending in New Zealand has decreased by 0.8% year-over-year. The previous indicator stood at 2.2% before dropping to the current level of 1.4%. The comparison period used for this data is year-over-year, which means the change is being assessed from the same month a year ago. This decline in credit card spending may indicate shifting consumer trends or economic conditions impacting purchasing behaviors in the country. Economists will be closely monitoring these figures to understand the implications for the overall economy and consumer sentiment in New Zealand.