Fri, 24 Jan 2014 07:39:12 GMT
Credit card spending in New Zealand rises in December
New Zealand economy shows active signs of improving, as spending using credit cards increases, which is a good indicator for measuring consumer sentiment in the country. In December of 2013 spending rose 1.2% on a monthly basis after a 3.5% advance in November, reaching NZ$3.495. At the same time, on the annual basis spending surged as much as 4.7%.