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Electronic Card Transactions: June 2010
Embargoed until 10:45am  –  09 July 2010
Key facts

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

 Changes in the value of transactions (compared with May 2010) were as follows:
  • Transactions in the core retail industries were up (0.6 percent).
  • Transactions in the retail industries were up (0.4 percent).
  • Total electronic card transactions were up (0.7 percent).
  • By industry group, non-retail and consumables had the largest increases.

The actual (not seasonally adjusted) value of transactions in the core retail series was up 4.0 percent from June 2009.

 

When adjusted for seasonal effects, the value of electronic card spending increased in June 2010. The core retail, retail, and total series were all up from May 2010. The overall increase was due to the value of transactions rising in all industries except fuel retailing.

Transactions in core retail (which excludes the motor vehicle-related industries) were up 0.6 percent in June 2010, following a 1.1 percent increase in May. Led by consumables, all core retail industry groups recorded rises in June.

In the retail industries, transactions were up 0.4 percent. This was less than for core retail due to a 3.1 percent fall in the fuel retailing industry. 

When the non-retail industries are included, the total value of transactions rose by 0.7 percent. The non-retail industries were up 1.5 percent in June 2010.

The core retail trend has picked up in the last few months. Trends for the value of transactions in the total and retail series have both been relatively flat in recent months. 

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 44.0 percent of transactions in the year to June 2010, the lowest proportion since the series began.

Geoff Bascand

9 July 2010

Government Statistician

ISSN 1178-0258
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