Credit Card Spending (YoY)

Credit Card Spending measures the change in the credit card spending by individuals. The indicator is released by the Reserve Bank of New Zealand monthly and it relates to 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

Most recent - Thursday 21 March 2024 02:00

Previous
-0.3%
Revised
0%
Forecast
-
Actual
2.2%

Next event - Monday 22 April 2024 03:00

Previous
2.2%
Forecast
-
Actual
-

The typical/expected market impact of this event is low.

There is no forecast value for Credit Card Spending (YoY) yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Credit Card Spending (YoY) was 2.2%.

Past events

Date
Forecast
Actual
Thursday 21 March 2024 02:00
-
2.2%
Thursday 22 February 2024 02:05
-
-0.3%
Wednesday 24 January 2024 02:00
-
4.3%
Thursday 21 December 2023 02:00
-
3.3%
Tuesday 21 November 2023 02:00
-
-2.9%
Friday 20 October 2023 02:00
-
3.3%
Thursday 21 September 2023 03:00
-
4.2%
Monday 21 August 2023 03:00
14.3%
3.6%
Monday 24 July 2023 03:00
9.9%
5%
Thursday 22 June 2023 03:00
13.9%
3.3%
Friday 19 May 2023 03:00
12.5%
11.4%
Wednesday 26 April 2023 03:00
10.8%
20.3%
Tuesday 21 March 2023 02:30
9.4%
25.6%
Wednesday 22 February 2023 02:00
8.6%
17.9%
Wednesday 25 January 2023 02:00
8.1%
12.4%
Wednesday 21 December 2022 02:00
7.3%
16%
Monday 21 November 2022 02:00
5.3%
24.8%
Friday 21 October 2022 02:00
-
34.1%
Wednesday 21 September 2022 03:00
3%
29.4%
Friday 19 August 2022 03:00
2.7%
4.9%
Thursday 21 July 2022 03:00
2.4%
3.5%
Wednesday 22 June 2022 03:00
2%
2.2%
Friday 20 May 2022 03:00
1.6%
1.1%
Tuesday 26 April 2022 03:00
0.9%
3.4%
Monday 21 March 2022 02:00
-
1%
Tuesday 22 February 2022 02:00
-
5.5%
Wednesday 26 January 2022 02:00
-1.4%
1.2%
Tuesday 21 December 2021 02:00
-2.1%
-0.1%
Friday 19 November 2021 02:00
-
-5.6%
Thursday 21 October 2021 02:00
-
-12.9%
Tuesday 21 September 2021 03:00
-
-6.3%
Friday 20 August 2021 03:00
-
6.9%
Wednesday 21 July 2021 03:00
-
6.3%
Tuesday 22 June 2021 03:00
70.2%
27.2%
Friday 21 May 2021 03:00
-
87.4%
Friday 23 April 2021 03:00
-
2.2%

Economic context

Recent economic data has been moderately bearish for NZD. Other recent announcements which may affect the market's interpretation of the next Credit Card Spending (YoY) result:

PreviousLatest
Consumer Price Index (QoQ)Bullish change0.5%0.6%
Consumer Price Index (YoY)Bearish change4.7%4%
Business NZ PSIBearish change52.647.5
Business NZ PMIBearish change49.147.1
RBNZ Interest Rate Decision(no change)5.5%5.5%

About Credit Card Spending (YoY)

Country:New Zealand
Currency:NZD
Source:Reserve Bank of New Zealand
Category:Consumption
Frequency:Monthly

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