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Credit card summary
Seasonally adjusted total billings in New Zealand were $4.5 billion in January-24, similar to December23 but down 0.3 percent from January-23 (Figure 1). • Seasonally adjusted domestic billings on New Zealand issued cards were $3.9 billion in January-24, down 1.2 percent from January-23. • Overseas billings on New Zealand issued cards were $0.6 billion, up 11.3 percent from December-231 . Annually there has been an increase of 14.3 percent from January-23 (Figure 2). • Billings in New Zealand on overseas issued cards rose by 7.5 percent from last month to $0.8 billion, the highest value since February-20. ... (full story)