Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Retail card spending has mixed results in April

Retail card spending has mixed results in April

9 May 2014

Retail spending using electronic cards increased by a seasonally adjusted 0.3 percent in April 2014, Statistics New Zealand said today.

"Spending rose in three retail industries during April, and fell in three," business indicators manager Neil Kelly said. "Fuel and consumables had the largest rises, while apparel had the largest fall."

The three largest retail movements in April 2014 were:
• fuel, up $11 million (1.5 percent)
• consumables, up $11 million (0.7 percent)
• apparel, down $8 million (2.7 percent).

Core retail (which excludes the motor vehicle-related industries) was flat, increasing just 0.1 percent in April 2014.

The two non-retail industries both decreased in April, resulting in a 0.4 percent fall in the total value of transactions.

Trends for the value of transactions in the retail and core retail series have continued to increase since these series began in October 2002. The trend for the total series has also generally been increasing over this time, but appears to have flattened in recent months.

In unadjusted terms, 113 million transactions were made across all industries in April, with an average value of $51. The total amount spent across all transactions was $5.8 billion.

For more information about these statistics:

• Visit Electronic Card Transactions: April 2014


© Scoop Media

Business Headlines | Sci-Tech Headlines


Oceans: NOAA Declares Third Ever Global Coral Bleaching Event

As record ocean temperatures cause widespread coral bleaching across Hawaii, NOAA scientists confirm the same stressful conditions are expanding to the Caribbean and may last into the new year, prompting the declaration of the third global coral bleaching event ever on record. More>>

Scoop Business: A Decade Of Government Pre-Seed Investment

More publicly-funded science is being commercialised after a decade of government ‘pre-see’d investment, according to an independent review. More>>


Solid Energy: Plan To Shut Unprofitable Huntly East Mine

Solid Energy, the state-owned coal miner in voluntary administration, plans to shut down its unprofitable Huntly East mine and lay off 65 staff after deciding the site stands "no chance whatsoever" of finding a buyer. More>>


E Tū: Merger Creates NZ's Biggest Private Sector Union

E tū has been created by the merger of the Engineering, Printing and Manufacturing Union and Service and Food Workers’ Union. It represents more than 50,000 working New Zealanders in industries as diverse as aviation, construction, journalism, food manufacturing, mining and cleaning. More>>


Internet: NZ Govt Lifts Target Speeds For Rural Broadband

The government has lifted its expectations on faster broadband speeds for rural New Zealand as it targets increased spending on research and development in the country's information and communications technology sector, which it sees as a key driver for export growth. More>>


Banks: Westpac Keeps Core Government Transactions Contract

The local arm of Westpac Banking Corp has kept its contract with the New Zealand government to provide core transactions, but will have to share peripheral services with its rivals. More>>


Science Investment Plan: Universities Welcome Statement

Universities New Zealand has welcomed the National Statement of Science Investment released by the Government today... this is a critical document as it sets out the Government’s ten-year strategic direction that will guide future investment in New Zealand’s science system. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news