empty
 
 

27.01.202602:00:00UTC+00New Zealand Experiences Unexpected Drop in Credit Card Spending in December

New Zealand's credit card spending experienced a surprising dip this past December, with year-over-year figures showing a decline of 0.3%, as reported on January 27, 2026. This marks a significant deviation from the previous month's growth rate, which stood at an increase of 4.4% compared to November of the previous year.

The December downturn suggests a shift in consumer behavior during what is typically a busy shopping period, raising concerns among economists and retailers alike. Analysts speculate that various factors, such as inflationary pressures, rising interest rates, or shifts in consumer priorities, may have contributed to this unexpected drop-off.

While New Zealand's broader economic indicators remain stable, the drop in credit card spending could signal an evolving trend, urging stakeholders to analyze the underlying causes and develop strategies to stimulate consumer confidence as the new year unfolds.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $10000 more!
    In January we raffle $10000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback