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Credit card summary
Key points for August 2023: • Seasonally adjusted total billings in New Zealand were $4.5 billion during August-23, up 1.7 percent from July-23 (Figure 1). • Seasonally adjusted domestic billings on New Zealand issued cards were $4.0 billion in August, an increase of 1.3 percent from July 2023. • Overseas billings on New Zealand issued cards decreased from $0.7 billion to $0.6 billion in August 2023 (Figure 2). • Billings on overseas issued cards used in New Zealand were $0.5 billion, increasing for the second consecutive month (Figure 3). • Total credit limits were $21.1 billion (not seasonally adjusted) ... (full story)