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Electronic Card Transactions: June 2011
Embargoed until 10:45am  –  11 July 2011
Key facts

These statistics are based on electronic card transactions during June 2011. Figures are seasonally adjusted unless otherwise stated. See the 'Technical notes' section for industry descriptors.

 Changes in the value of transactions (compared with May 2011) were as follows:
  • Total electronic card transactions were up (0.8 percent).
  • Transactions in the retail industries were up (1.2 percent).
  • Transactions in the core retail industries were up (2.1 percent).
  • The durables and consumables industries had the largest increases. Fuel had the largest decrease.
The actual (not seasonally adjusted) value of transactions in the core retail series was up 8.6 percent from June 2010.

 

When adjusted for seasonal effects, the value of electronic card spending in retail industries increased 1.2 percent in June 2011. This increase was due to the value of transactions rising in all retail industries apart from fuel. 

Fuel retailing was down 3.6 percent in June 2011 after falling 4.5 percent in May. These falls, coming after nine consecutive monthly rises, coincided with a decline in fuel prices in recent weeks.

Core retail (which excludes the motor vehicle-related industries) increased 2.1 percent in June 2011. There were large rises in all industry groupings this month, with durables (up 2.4 percent) and consumables (up 1.4 percent) showing the biggest movements. 

When the two industries outside of retail (services, up 0.8 percent, and non-retail, down 0.9 percent) are combined with the 1.2 percent increase in retail, the total value of electronic card spending increased 0.8 percent.

Trends for the value of transactions in the total and retail series have been increasing since January 2009, and the rate of increase has been strong in recent months. The core retail trend has generally been increasing since the series began in October 2002, and the rate of increase has strengthened since December 2010.

 Geoff Bascand  11 July 2011
 Government Statistician  ISSN 1178-0258
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