New Zealand Credit Card Spending in New Zealand

Reserve Bank of New Zealand · Monthly · Importance

5.3% (Jul-26) YOY · % · Monthly · CSV
1.4% (Jul-26) MOM · % · Monthly · CSV
Period%
Jul 2026 5.3%
Jun 2026 3.2%
May 2026 4.3%
Apr 2026 2%
Mar 2026 1%
Feb 2026 -0.1%
Jan 2026 -0.3%
Dec 2025 -1.2%
Nov 2025 3.6%
Oct 2025 0.9%
Sep 2025 -0.2%
Aug 2025 2.6%
Jul 2025 0.7%
Jun 2025 1.2%
May 2025 1.8%
Apr 2025 0.4%
Mar 2025 0.7%
Feb 2025 0.8%
Jan 2025 1.2%
Dec 2024 -0.9%
Nov 2024 -3.4%
Oct 2024 0.5%
Sep 2024 -2.9%
Aug 2024 -3.3%
Jul 2024 -3.3%
Jun 2024 -2.8%
May 2024 -0.5%
Apr 2024 -0.4%
Mar 2024 -1.3%
Feb 2024 1.6%
Jan 2024 -0.2%
Dec 2023 4.3%
Nov 2023 3%
Oct 2023 -3%
Sep 2023 3.4%
Aug 2023 3.7%
Jul 2023 4.6%
Jun 2023 5.8%
May 2023 4%
Apr 2023 11.5%
Mar 2023 18.8%
Feb 2023 24.3%
Jan 2023 17.8%
Dec 2022 12.8%
Nov 2022 15.9%
Oct 2022 25.5%
Sep 2022 33.3%
Aug 2022 28.5%
Jul 2022 5.6%
Jun 2022 4.3%
May 2022 3.6%
Apr 2022 2.8%
Mar 2022 2.5%
Feb 2022 -0.1%
Jan 2022 5.2%
Dec 2021 2.1%
Nov 2021 0.1%
Oct 2021 -5.3%
Sep 2021 -13.4%
Aug 2021 -7.5%
Period%
Jul 2026 1.4%
Jun 2026 -1.2%
May 2026 2%
Apr 2026 -0.1%
Mar 2026 0.8%
Feb 2026 0.2%
Jan 2026 1.5%
Dec 2025 -2.4%
Nov 2025 1.3%
Oct 2025 1.5%
Sep 2025 -1.8%
Aug 2025 2%
Jul 2025 -0.6%
Jun 2025 -0.2%
May 2025 -0.2%
Apr 2025 -1.1%
Mar 2025 -0.3%
Feb 2025 0.1%
Jan 2025 0.5%
Dec 2024 2.4%
Nov 2024 -1.4%
Oct 2024 0.5%
Sep 2024 0.9%
Aug 2024 0.2%
Jul 2024 -0.2%
Jun 2024 0.5%
May 2024 -1.6%
Apr 2024 -0.8%
Mar 2024 -0.3%
Feb 2024 0.5%
Jan 2024 -1.6%
Dec 2023 -0.1%
Nov 2023 2.6%
Oct 2023 -2.9%
Sep 2023 0.6%
Aug 2023 0.2%
Jul 2023 0.3%
Jun 2023 2.8%
May 2023 -1.4%
Apr 2023 -1.7%
Mar 2023 2.6%
Feb 2023 -1.3%
Jan 2023 2.8%
Dec 2022 -1.3%
Nov 2022 -3.4%
Oct 2022 3.4%
Sep 2022 0.9%
Aug 2022 1.1%
Jul 2022 1.5%
Jun 2022 1%
May 2022 5.7%
Apr 2022 4.7%
Mar 2022 7.4%
Feb 2022 -6.5%
Jan 2022 -1.6%
Dec 2021 1.4%
Nov 2021 4.6%
Oct 2021 9.8%
Sep 2021 -2.7%
Aug 2021 -16.9%

About this indicator

Source
Reserve Bank of New Zealand (RBNZ)
Frequency
Monthly
Release
Monthly, around the 20th-27th of the month after the reference period, 15:00 New Zealand time (Pacific/Auckland)
What it is
Measures total credit and debit card spending in New Zealand, covering both domestically issued cards and overseas cards used at New Zealand merchants (the RBNZ's C13 statistic, 'Total billings in New Zealand'). It is a high-frequency gauge of private consumption.
How it's calculated
The Reserve Bank of New Zealand (RBNZ) collects the monthly, seasonally adjusted card billings total and publishes its year-on-year and month-on-month changes.
Market implications
Rising card spending points to firm domestic consumption and supports the New Zealand dollar, while a fall suggests weakness. It differs from Electronic Card Retail Sales (ECT, Stats NZ), which cover only electronic retail transactions.
Limitations
It does not separate essential from discretionary spending, misses cash payments, and is subject to seasonal adjustment revisions in later releases.