New Zealand Card Spending Chartpack

New Zealand card spending rose 1.8% m/m in May 2026, driven by a rebound in discretionary categories like hospitality and apparel as fuel prices eased.

Key Takeaways

• 1.ANZ May card data recorded a strong 1.8% monthly lift in seasonally adjusted spending.
• 2.Discretionary spending saw a sharp bounce-back, led by Hospitality (+3.5% m/m) and Apparel (+2.9% m/m).
• 3.A retreat in fuel prices likely facilitated the rebound in other discretionary spending categories.

Table of Contents

• Highlights
• Index
• The big picture: a bounce-back in discretionary spending in May
• Fuel spending
• Early impacts of the fuel price shock
• Total spend
• Spending groups
• Contributions to annual growth
• Apparel
• Consumables
• Durables
• Housing durables
• Hospitality
• Motor vehicles and fuel
• Services
• Non-retail services
• Non-retail trades and goods
• Tourism & recreation
• Data Notes
• Description of industries
• Important Notice

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