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New Zealand Credit Card Spending Jumps 1.3%

Total credit card spending in New Zealand was up a seasonally adjusted 1.3 percent on month in March, the Reserve Bank of New Zealand said on Wednesday - coming in at NZ$3.062 billion.

That was up sharply from the upwardly revised 0.4 percent increase in February )(originally 0.3 percent).

On a yearly basis, total credit card spending surged 8.1 percent - up from the upwardly revised 6.0 percent in the previous month (originally 5.9 percent).

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