RTTNews - New Zealand's credit card spending dropped 2.1% year-on-year in June, slower than a 2.4% fall in the preceding month, the country's Reserve Bank said in a report Tuesday. Moreover, this was the eighth consecutive month of decline.

Month-on-month, the credit card spending rose 0.2% in June, reversing a 0.4% drop in the preceding month.

For comments and feedback: contact editorial@rttnews.com