Card Spending Fell In September 2013

News : Spending on store, debit and credit cards fell year-on-year (y-o-y) in September 2013 in New Zealand, according to The Australian. The 0.8% y-o-y decline reportedly stands as the first decline since March 2013, and the biggest decline recorded since the 1% y-o-y drop in July 2012. Total card spending fell by 0.4% y-o-y in August 2013, counteracting a 0.4% increase registered in July 2013.

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Geography: New Zealand

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