Source: MIL-OSI Submissions
Card spending continues to increase in January – Media release
11 February 2022
Credit and debit card spending increased in January 2022 compared with December 2021, especially on durables, fuel, and consumables, Stats NZ said today.
After adjusting for seasonal effects, total credit and debit card spending in January 2022 increased by $175 million (2.1 percent) compared with December 2021.
Card spending in all categories remained steady, with spending in the retail industries increasing by $184 million (3.0 percent) compared with the previous month.
“Retail card spending continued to increase in January and returned to similar levels seen before the lockdown in August,” business performance manager Ricky Ho said.
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