Central bank of New Zealand has reported that Credit card billings in the country in January rose as consumer spending has remained low.

The increase made a seasonally adjusted 1.7 percent against a 2.2 percent fall in December. The increase became the first upward shift in four months. Moreover, the gain has been reported to be the strongest monthly gain since May 2006.

Earlier this month it was revealed that the retail sales of electronic cards showed no growth in January, comparing to the 0.6 percent decrease in the previous month.