9 Jul 2010

Spending on electronic cards rises

12:35 pm on 9 July 2010

Consumers spent more on their electronic cards in June.

Statistics New Zealand figures show spending using debit, credit and charge cards rose a seasonally adjusted 0.4% in June.

Sales of consumables such as food and liquor rose, but fuel sales fell.

Core spending, which excludes fuel and automotive sales, continued to pick up, rising 0.6% to $3.2 billion.

Customers continued to shy away from using credit cards, which accounted for just 44% of transactions in the year to June, the lowest proportion since records began.