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New Zealand Credit Card Spending YoY

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New Zealand Credit Card Spending YoY

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Latest Release
May 19, 2017
Actual
6.4%
Previous
7.2%
Credit Card Spending measures the change in the credit card spending by individuals. It is closely correlated with consumer spending and confidence.

A higher than expected reading should be taken as positive/bullish for the NZD, while a lower than expected reading should be taken as negative/bearish for the NZD.
Importance:
Country:
Currency: NZD
Source: Reserve Bank of New Zealand
New Zealand Credit Card Spending YoY
 
Release Date Time Actual Forecast Previous
May 18, 2017 23:00 6.4%   7.2%
Apr 25, 2017 23:00 7.1%   5.3%
Mar 20, 2017 22:00 5.3%   7.1%
Feb 21, 2017 22:00 7.1%   8.6%
Jan 24, 2017 22:00 8.5%   4.1%
Dec 20, 2016 22:00 4.1%   10.1%

News

text
New Zealand credit card spending up 3.4% By Investing.com - Jun 22, 2010

Investing.com – Credit card spending in New Zealand rose in May, official data showed on Tuesday.In a report, the Reserve Bank of New Zealand said credit card spending rose a seasonally adjusted...

Analysis

Boris Schlossberg
Bounceback Friday For FX Pairs By Boris Schlossberg - May 19, 2017 1

Market Drivers May 19, 2017 Cable rebounds to 1.3000 EUR trades near short term highs Nikkei 0.19% DAX 0.30% Oil $49/bbl Gold $1250/oz. Europe and AsiaNZD: CC Spending 6.4% vs. 7.2%EUR: CA 34B vs. ...

Talking Forex
USD Survives 110 Vs. JPY   By Talking Forex - May 18, 2017

Daily FX Wrap More upset for the USD as the Trump skeletons keep coming out of the closet. USD survives 110.00 vs JPY for now. EUR gains tamed but GBP through 1.3000 on strong UK spending. Heading ...

Kathy Lien
Central-Bank Countdown: RBNZ And BoE On Deck By Kathy Lien - May 10, 2017 2

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Two major central banks have monetary policy meetings in the next 24 hours and while no changes to policy are expected, these ...

Credit Card Spending (YoY) Discussion

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