Electronic card transactions up 1.1% in November

Electronic card transactions rose a seasonally adjusted 1.1% in November from October, with strong rises in fuel and durables such as furniture and appliances.

Statistics New Zealand (SNZ) said that for the retail industries the rise was 1.4%, while for core retailing, which excludes vehicle-related industries, the increase was 1%.

Durables rose 3.1% last month after a 6% fall in October, while fuel retailing lifted 3.7% in November, SNZ said today.

The actual value of transactions last month in the core retail series was up 5.9%from November 2009.

NZPA

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