22 Sep 2010

Credit card spending up in August

6:02 am on 22 September 2010

New Zealanders put more on their credit cards in August.

The Reserve Bank says total billings rose a seasonally adjusted 0.5% in August, after declining 1.3% the previous month.

Billings were 2% higher than a year earlier, against a rise of 2.6% for the year to the end of July.