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In May 2008 compared with April 2008:
- The seasonally adjusted value of the total Electronic Card Transaction (ECT) series was 0.6 percent higher.
- The seasonally adjusted value of the retail ECT series was 1.2 percent higher.
- The seasonally adjusted value of the core retail ECT series was 1.5 percent higher.
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Other highlights include:
- The trend value of the total ECT series was 6.7 percent higher in May 2008 than in April 2008; this is 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 trend has eased since at least January 2008.
- The 86 million electronic card transactions with New Zealand-based merchants in May 2008 totalled $4.7 billion.
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