In December 2007, there were 95 million electronic card transactions
totaling $4.6 billion, Statistics New Zealand has said. This
seasonally adjusted figure for total card spending was unchanged from
For the retail industries, the seasonally adjusted value of card
transactions was also unchanged in December 2007 compared with November
2007. The seasonally adjusted core retail Electronic Card Transaction
series increased 0.4 percent over the same period.
Seasonally adjusted sales for the motor-vehicle related industry had
strong growth in each of the three months from September 2007 to
November 2007 and, to a lesser extent, in December 2007. Increases in
fuel prices appear to be the main reason for this growth.
The Electronic Card Transaction series for October and November 2007
have been released with the December 2007 data. The delayed release of
this data was due to technical issues that affected the source data. The
data has been revised back to November 2002.
The Electronic Card Transaction series measures the number and value of
debit, credit and charge card transactions with New Zealand-based
merchants. It is a census of all card transactions processed within New
Zealand. Transactions by overseas card-holders in New Zealand are
included; transactions by New Zealand card-holders overseas are excluded.
The data is released as an experimental series and Statistics NZ
acknowledges the cooperation of the private sector in providing the data