Electronic Card Transactions: June 2008

 In June 2008 compared with May 2008:

• The seasonally adjusted value of the total Electronic Card Transaction (ECT) series was 0.6 percent lower.
• The seasonally adjusted value of the retail ECT series was 0.4 percent lower.
• The seasonally adjusted value of the core retail ECT series was 1.2 percent lower.

Other highlights include:

• The trend value of the total ECT series was 5.6 percent higher in June 2008 than in June 2007; this was the slowest annual increase since the series started.
• For each of the total ECT, retail ECT, and core retail ECT series, the rise in the annual trend has eased every month since at least October 2007.
• The 80 million electronic card transactions with New Zealand-based merchants in June 2008 totalled $4.3 billion.

Government Statistician