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Hot Topic Local Govt
Hot Topic Local Govt
General Business
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Record drop in credit card spending in March

It is likely the impact on credit card spending will be worse in April.

Brent Edwards Thu, 23 Apr 2020

In another sign of the economic impact of the Covid-19 coronavirus pandemic, people were more reluctant to spend on their credit cards during March.

Total credit card billings were down 9.1% to $3.7 billion in the month. It is the largest monthly fall in credit card spending on record, something

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Brent Edwards Thu, 23 Apr 2020
Contact the Writer: brent@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Record drop in credit card spending in March
General Business,
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