In this section
Offers for readers
Finance sector jobs
Successful applicants will have the opportunity to work with this leading Australian Advis...more
Australia
Think Global Recruitment is working with this exceptionally respected Australian Boutique ...more
Australia
Sought after opportunity to move to one of the most beautiful westernised countries in the...more
Australia

The news stream
Latest news
Most commented
- 90 seconds at 9 am with BNZ 116
- Wednesday's Top 10 with NZ Mint 78
- Friday's Top 10 with NZ Mint 28
- Amanda's Take Five for Wednesday 19
- The problems with NZ's energy use 18
- More bank mortgage rate cuts 16
- Govt lifts minimum wage 50 cts to $13.50 an hour 16
- Thursday's Top 10 with NZ Mint 15
- 90 seconds at 9 am with BNZ 14
- Full time jobs fall 13,000 in Dec qtr 14
Most viewed
Interest on Twitter
Electronic card spending trend rising again, Stats NZ says
Unadjusted electronic card (EFTPOS and credit/debit) use figures released by Statistics New Zealand (Stats NZ) showed a small traditional fall in April from March, but gave no outward signs of deterioration over the month.
Seasonally adjusted, spending with electronic cards rose 0.7% in April.
"The non-retail industry was the second-largest contributor to the (0.7%) rise," Government Statistician Geoff Bascand said. "Offsetting falls came from the apparel, and automotive fuel retailing industries."
"After declines in late 2008, latest figures indicate the sales trend for total transactions has been rising in 2009," Bascand said.
The total volume of electronic card transactions was up 5.4% in April from a year ago, following 5.5% growth in March. However, the April figure is still below annual April growth of 6%-10% seen in the last 4 years. The unadjusted total volume of transactions fell from 90 million in March to 88 million in April.
The value of electronic card spending in the broader retail industries rose 0.3%, seasonally adjusted, while the core retail industries experienced a 0.5% increase from March.
"Having increased almost continuously since the series began, the sales trend for core retail flattened between November 2008 and February 2009. Latest figures suggest it has picked up again in the last two months," Bascand said.
The rise in the broader retail industries was the third consecutive monthly rise, Bascand said.
Related Topics
Credit card use, as a proportion of the total value transactions, saw the biggest annual drop in the year to April 2009 since the series began, Stats NZ said. This fall was accompanied by a rise in the proportion of debit card use.
The comment stream
Recent comments
See more
Editors choice