18 Jan 2010

Electronic retail spending up in December

9:09 am on 18 January 2010

Spending using electronic cards on core retailing rose a seasonally adjusted 0.4% in December, to $3.17 billion.

The rise was largely due to increased spending on food, liquor and chemist items.

Card transactions for travel, health and other non-retail activity were down.

ASB chief economist Nick Tuffley says overall, electronic spending is gradually starting to pick up.