10 Feb 2016

Electronic card spending rises in January

1:47 pm on 10 February 2016

Retail spending has nudged up a touch in the first month of the year.

Official figures show spending using debit, credit and charge cards rose by a seasonally adjusted 0.3 percent in January, after a flat result the month before.

Three of the six retail industries measured made gains, led by higher spending in bars, hotels, and restaurants, and the buying of big-ticket items like furniture and appliances.

Core retail spending, which excludes vehicle-related industries, rose by 0.6 percent last month.

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