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Credit card summary
Key points for December 2022: • Seasonally adjusted domestic billings on New Zealand issued cards fell from $3.8 billion in November to $3.7 billion in December. • Seasonally adjusted total billings in New Zealand were $4.3 billion in December, a decrease of 1.6 percent from November. • Seasonally adjusted total advances outstanding in December were $6.1 billion. Compared with one year ago, advances outstanding were up 2.3 percent from $5.9 billion. • Billings in New Zealand on overseas issued cards (actual) rose to $0.7 billion, up from $0.6 billion in November. Total billings on overseas issued cards ... (full story)