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

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

 Changes in the value of transactions (compared with April 2011) were as follows:
  • Total electronic card transactions were flat (down just 0.1 percent).
  • Transactions in the retail industries were down (0.8 percent).
  • Transactions in the core retail industries were flat (down just 0.1 percent).
  • The fuel, and durables industries had the largest decreases. Non-retail (excluding services) and hospitality had the largest increases.
The actual (not seasonally adjusted) value of transactions in the core retail series was up 5.5 percent from May 2010.

 

The seasonally adjusted value of total electronic card transactions was flat (down just 0.1 percent) in May 2011 compared with April 2011. The value of transactions rose in five industry groups, but fell in three.

Core retail (which excludes the motor vehicle-related industries) was also flat, down 0.1 percent in May 2011. This follows increases of 1.1 percent and 1.5 percent in March and April, respectively. The biggest movements this month were in durables (down 1.1 percent) and hospitality (up 1.6 percent). 

When the two vehicle-related industries are included, the value of transactions in retail decreased 0.8 percent. This decrease was led by fuel retailing (down 4.1 percent), its first fall since July 2010.   

The two industries that fall outside retail both rose in May 2011, resulting in the total value of transactions remaining flat.

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 been fairly constant since December 2010.

This information release includes data for Canterbury. However, as the data is not broken down by region we are not able to separate or estimate the impact of the recent earthquakes on the data.

 

 Geoff Bascand  10 June 2011
 Government Statistician  ISSN 1178-0258
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