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electronic card transactions

Core retail spending on credit, debit cards slips in June

Value of retail electronic card transactions monthly (Source: NZ Stats)

0.5% rise in November electronic card retail sales tops estimates

Optimism builds for a fourth-quarter sales rebound after a surprise decline in the third quarter.

Retail sales take a dip

Retail sales fell 0.7% last month, according to the latest electronic transactions data.

Electronic transactions jump in January

The run of contradictory economic data continues.

Fuel drives retail card transactions; non-retail down

Electronic card transactions in the retail industries increased by a seasonally adjusted 0.7% in November, according to new Statistics New Zealand data.

But retailers won’t be jumping for joy just yet- fuel sales made up much of the increase.

There were other smaller rises in the apparel (clothing, soft goods and footwear retailing), services (personal and household services, including hire and repair) and durables (which includes furniture, hardware and appliance retailing) industries.

Retail card spending drops in October

The seasonally adjusted value of electronic card transactions lifted slightly in October but retail spending dropped, according to new Statistics New Zealand data.

The value of transactions in core retail (which excludes motor vehicle-related industries) was down 0.4% from September, while the total value of all retail transactions dropped by 0.2%.

Overall the value of electronic card transactions increased by 0.2% in October compared to September.