New Zealand credit card spending for December 2024
-3.2% y/y
- prior +0.3%%
-1.3% m/m
- prior+0.4%
Poor data. The GDP data yesterday was terrible, showing NZ in a recession. I noted later there were ‘green shoots’ emerging for the NZ economy in Q4. This data set is not one of them!
This article was written by Eamonn Sheridan at www.forexlive.com.
Source link
