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New Zealand credit card spending declined for the second straight month in September, albeit at a softer pace, the Reserve Bank of New Zealand said on Thursday.

Credit card spending decreased 3.3 percent monthly in September, after a 15.8 percent drop in August.

On a yearly basis, credit card spending fell to 12.9 percent in September, following a 6.9 percent fall in the previous month.

Domestic card billing fell 2.8 percent monthly in September, following a 13.0 percent decline a month ago.


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