Retail credit card sales in New Zealand were up a seasonally adjusted 0.8 percent on month in February, Statistics New Zealand said on Monday.
The headline figure exceeded expectations for an increase of 0.5 percent following the 0.3 percent gain in January.
Transactions in the core retail industries rose 0.7 percent on month, while total electronic card transactions rose 0.8 percent.
The actual unadjusted value of transactions in the core retail series was up 1.5 percent on year.
by RTT Staff Writer
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