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Electronic Card Transactions: July 2008
Embargoed until 10:45am  –  21 August 2008
Highlights
 

 For July 2008 compared with June 2008 (on a seasonally adjusted basis):

  • The value of the total Electronic Card Transaction (ECT) series was 0.4 percent higher.
  • The value of the retail ECT series was 0.8 percent higher.
  • The value of the core retail ECT series was 1.2 percent higher.
  • The series for retail and core ECT (in particular) have been variable since March 2008 showing alternating monthly decreases and increases.

Other highlights include:

  • The trend value of the total ECT series was 5.0 percent higher in July 2008 than in July 2007; this was the slowest annual increase since the series started.
  • The trend for the core retail ECT series has been flat since September 2007; by contrast the retail ECT trend has been stronger over that period due to increasing fuel prices.
  • The 84 million electronic card transactions with New Zealand-based merchants in July 2008 totalled $4.6 billion
 
 Graph, Value of Total Electronic Card Transactions.
 
Geoff Bascand 21 August 2008

Government Statistician

ISSN 1178-0258
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