New Zealand June Household Borrowing Growth Eases Slightly

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07-29-2008, 11:26 PM

maheshkarnam maheshkarnam is offline

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New Zealand June Household Borrowing Growth Eases Slightly

New Zealand's household borrowings increased 0.3% month-on-month in June, slightly slower than the 0.4% rise registered in May, the Reserve Bank of New Zealand showed Wednesday.
Household borrowings climbed to NZ$172.44 billion from NZ$171.96 billion. Of the total household claims, consumer loan remained almost unchanged at NZ$12.58 billion in June

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