Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More

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

 

Retail card spending falls slightly in December

Retail card spending falls slightly in December – Media release

14 January 2014

Retail spending using electronic cards decreased by a seasonally adjusted 0.1 percent in December 2014, Statistics New Zealand said today. This slight fall followed a 0.2 percent decrease in November 2014.

"Although most retail industries were up in December, fuel spending fell significantly," acting business indicators manager Tehseen Islam said. "Like November, the fall in fuel spending coincided with falling fuel prices."

The largest retail movements in December 2014 were:
• fuel, down $23 million (3.2 percent)
• consumables, up $14 million (0.8 percent).

Core retail spending (which excludes the vehicle-related industries) rose 0.1 percent in December 2014.

The total value of electronic card spending, including the two non-retail industries (services and other non-retail), fell 0.3 percent.

Trends for the total, retail, and core retail series have all generally been rising since these series began in October 2002, although the total and retail series have eased in recent months.

In unadjusted terms, card-holders made 139 million transactions across all industries in December, with an average value of $54. The total amount spent across all transactions was $7.5 billion.

This data is not adjusted for price changes and is available only at the national level.

Ends

For more information about these statistics:

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

• Visit Electronic Card Transactions: December 2014
• Open the attached files

ElectronicCardTransactionsDec14.pdf
ectdec14tables.xls

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Business Headlines | Sci-Tech Headlines

 
GenPro: General Practices Begin Issuing Clause 14 Notices

GenPro has been copied into a rising number of Clause 14 notices issued since the NZNO lodged its Primary Practice Pay Equity Claim against General Practice employers in December 2023.More

SPADA: Screen Industry Unites For Streaming Platform Regulation & Intellectual Property Protections

In an unprecedented international collaboration, representatives of screen producing organisations from around the world have released a joint statement.More

 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.