New Zealand’s credit card spending growth strengthened on a year-over-year basis, with the latest data showing a 5.1% increase as of 22 June 2026. This marks a notable acceleration from the previous annual rise of 2.9% recorded in April 2026.
The figures are based on a year-over-year comparison, where the current reading measures the change in spending for the latest reported month versus the same month a year earlier. Similarly, the previous indicator captured April’s spending growth against April of the prior year. The pick-up in credit card usage suggests that household spending momentum has improved, which may be closely watched by analysts tracking consumer demand and its implications for New Zealand’s broader economic outlook.
