Electronic Card Transactions: November 2008

Embargoed until 10:45am  –  05 January 2009

Highlights

 

 Compared with October 2008 (on a seasonally adjusted basis):

  • The value of the total Electronic Card Transaction (ECT) series was 2.8 percent lower.
  • The value of the retail ECT series was 2.3 percent lower.
  • The value of the core retail ECT series was 0.5 percent lower

Trends:

  • The growth rate in the total ECT trend series has eased since August 2008 and is now almost flat.
  • The growth rate in the retail ECT trend series fell to zero in November, after slowing each month since July.
  • The core retail ECT trend series appears to have been easing since August 2008.
 
 Graph, Value of Total Electronic Card Transactions.
 
Geoff Bascand 5 January 2009

Government Statistician

ISSN 1178-0258