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Electronic card transactions up 1.7% in April

Tuesday 10th May 2011

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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



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