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Electronic Card Transactions: August 2010
Embargoed until 10:45am  –  15 September 2010
Key facts

These statistics are based on electronic card transactions during August 2010. Figures are seasonally adjusted unless otherwise stated. See the 'Technical notes' section for industry descriptors.

 Changes in the value of transactions (compared with July 2010) were as follows:
  • Total electronic card transactions were flat (up just 0.1 percent).
  • Transactions in the retail industries were flat (down just 0.2 percent).
  • Transactions in the core retail industries were flat (down just 0.2 percent).
  • By industry group, non-retail had the largest increase, and durables and consumables had the largest decreases.

The actual (not seasonally adjusted) value of transactions in the core retail series was up 2.1 percent from August 2009.

 

The seasonally adjusted value of total electronic card transactions was flat (up just 0.1 percent) in August 2010 compared with July 2010. The value of transactions fell in most retail industry groups in August, but these falls were offset by a 2.3 percent rise in the non-retail industries.

The value of transactions in retail and core retail (which excludes the motor vehicle-related industries) were also flat, both down 0.2 percent in August 2010. These decreases were led by falls in the durables (down 1.1 percent) and consumables (down 0.6 percent) industries.

Trends for the value of transactions in the total and retail series have both been flat since early 2010. The core retail trend flattened after June 2009 but has been rising steadily since March 2010, up 2.4 percent since then.  

Annually, credit card use, as a proportion of the total transaction value, has been falling since September 2008 (with a corresponding rise in debit card use). Credit cards accounted for 43.9 percent of transactions in the year to August 2010, the lowest proportion since the series began in November 2002.

 

Dallas Welch (Mrs)

15 September 2010

Acting Government Statistician

ISSN 1178-0258
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