Card spending up across all industries in June

Card spending up across all industries in June – Media release

11 July 2016

Retail spending rose 1.2 percent in June 2016 compared with May 2016, when adjusted for seasonal effects, Statistics New Zealand said today. This follows a 0.3 percent fall in May.

"For the first time in more than a year all six retail industries had increases in spending," business indicators manager Clara Eatherley said. "This last occurred in March 2015."

The largest increases in June 2016 were:
• durables, up $17 million (1.4 percent)
• fuel, up $16 million (2.8 percent)
• hospitality, up $14 million (1.5 percent).

The durables industry includes furniture, hardware, and appliance retailing; pharmacy, cosmetic, and toiletry retailing. The hospitality industry includes accommodation, bars, cafes and restaurants, and takeaway retailing.

Core retail spending (which excludes the vehicle-related industries) rose 1.0 percent in June 2016, after no change in May.

The total value of electronic card spending, including the two non-retail industries (services, and other non-retail), was up 1.0 percent in June. This follows a fall of 0.6 percent in May 2016.

In actual terms, total retail spending using electronic cards was $4.6 billion in June 2016, up $295 million (6.8 percent) from June 2015.

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

Values are only available at the national level, and are not adjusted for price changes.

Ends

For more information about these statistics:

• Visit Electronic Card Transactions: June 2016
• Open the attached files

ElectronicCardTransactionsJun16.pdf
ectJun2016tables.xlsx

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