Electronic card transactions up 1.7% in April

The value of electronic card transactions rose a seasonally adjusted 1.7% in April, with transactions rising in all industry groups except for a flat result in services.

Core retail, which excludes vehicle-related industries, was up 1.6% from March, and in actual terms was 9% up from its level of a year earlier, Statistics New Zealand said today.

In April the consumables group, which includes food, liquor and chemist retailing, rose a seasonally adjusted 2.3%, while hospitality industries gained 2.4%.

When vehicle-related industries are included, overall retail transactions were up 1.5% last month, as fuel sales rose at 1%, the slowest rise since last August.

NZPA

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

Contact Energy Limited (NZX: CEN) Considers Green Capital Bond Offer
Tourism Holdings Limited (NZX: THL) Sells Mighway and SHAREaCAMPER to Camplify
26th October 2021 Morning Report
Harmoney Corp Limited (NZX: HMY) Prices $105m Inaugural ABS Transaction
New Zealand Rural Land Company Limited (NZX: NZL) Agreement to acquire large scale dairy asset portfolio
EROAD Limited (NZX: ERD) launches Clarity Solo Dashcam
22nd October 2021 Morning Report
Pictor ready to roll out game-changing COVID antibody test in New Zealand
Scott Technology Limited (NZX: SCT) Announces FY21 Results
21st October 2021 Morning Report