22 Feb 2012

Credit card billings rose in January

6:56 pm on 22 February 2012

Credit card billings rose in January, but the rate of growth slowed.

Reserve Bank of New Zealand data shows total billings rose a seasonally adjusted 0.8% in January, after a 0.9% increase in December.

Billings were 3.1% higher than a year earlier, from an annual gain of almost 6% in December.