Card spending up in all core retail industries
Card spending up in all core retail industries – Media release
14 January 2014
Electronic card spending rose a seasonally adjusted 0.9 percent in the core retail industries in December 2013, Statistics New Zealand said today. This was the third consecutive monthly increase.
“Christmas shoppers spent more in all four core retail industries in December,” industry and labour statistics manager Blair Cardno said.
“Hospitality had the largest rise, then the consumables and apparel industries.”
Shoppers spent more
in all four core retail industries, three of which had
reasonably large rises in December:
• hospitality, up 2.1 percent ($14 million)
• consumables, up 0.7 percent ($11 million)
• apparel, up 3.0 percent ($9 million).
Industry group descriptions explains what’s included in each group.
Total retail spending (which includes the motor vehicle-related industries) increased 0.6 percent in December 2013.
Total card spending (which includes services and non-retail industries) increased 1.0 percent in December 2013.
The trends for all three total series have generally been increasing since the series began in October 2002.
In unadjusted terms, 128 million transactions were made across all industries in December, with an average value of $56. The total amount spent across all transactions was $7.2 billion.