Electronic Card Transactions 13 June

The electronic card transactions (ECT) series cover debit, credit, and charge card transactions with New Zealand-based merchants. The series can be used to indicate changes in consumer spending and economic activity.

Key facts

All figures are seasonally adjusted unless otherwise specified.

Values are at the national level and are not adjusted for price changes.

May 2024 month

Changes in the value of electronic card transactions for the May 2024 month (compared with April 2024) were:

  • spending in the retail industries decreased 1.1 percent ($69 million)
  • spending in the core retail industries decreased 0.8 percent ($48 million).
MonthActualSeasonally adjustedTrend
May-21612978900062812240006237815000
Jun-21593091400063072360006288573000
Jul-21625218900063630180006312846000
Aug-21482162500050979620006313892000
Sep-21487809900051231050006304030000
Oct-21577443000056617370006294445000
Nov-21643691200061646020006289270000
Dec-21777098400062903240006288889000
Jan-22634643600063504320006291937000
Feb-22544925600059402050006297024000
Mar-22591025400058496740006302686000
Apr-22611392700062604040006313309000
May-22617150200064026660006335230000
Jun-22604284200063784630006372238000
Jul-22622100600063840370006420766000
Aug-22611698100064404370006470808000
Sep-22627088300065507010006512172000
Oct-22673427200066498700006543690000
Nov-22689534100065772440006570222000
Dec-22814627200065501420006594799000
Jan-23651583400065742410006617800000
Feb-23608512500066359370006639343000
Mar-23682442900067124830006657899000
Apr-23650238100067127670006669532000
May-23638911900066211180006667811000
Jun-23634116100066597970006655700000
Jul-23639506000066119560006639660000
Aug-23637279100066600980006627712000
Sep-23637007800066195460006623406000
Oct-23659633300065780230006623738000
Nov-23703783000066678800006623558000
Dec-23810065000065821570006617892000
Jan-24661794000066434070006603497000
Feb-24628299400065911700006578180000
Mar-24666712200065429410006545908000
Apr-24625811700065171580006512526000
May-24628615500064485700006487503000

By retail spending category, movements were:

  • hospitality, down $25 million (2.0 percent)
  • fuel, down $16 million (2.8 percent)
  • durables, down $15 million (1.0 percent)
  • motor vehicles (excluding fuel), down $9.5 million (4.8 percent)
  • apparel, down $3.9 million (1.2 percent)
  • consumables, up $1.3 million (0.1 percent).
Industry (ANZSIC06)Percentage change
Consumables0.1
Durables-1
Hospitality-2
Apparel-1.2
Motor vehicles excl. fuel-4.8
Fuel-2.8
Non-retail excl. services-0.7
Services-5.8

Note, the seasonally adjusted series are adjusted independently of each other, therefore, the sum of the component categories may differ from the total.

The non-retail (excluding services) category decreased by $16 million (0.7 percent) from April 2024. This category includes medical and other health care, travel and tour arrangement, postal and courier delivery, and other non-retail industries.

The services category was down $22 million (5.8 percent). This category includes repair and maintenance, and personal care, funeral, and other personal services.

The total value of electronic card spending, including the two non-retail categories (services and other non-retail), decreased from April 2024, down $81 million (0.9 percent).

In actual terms, cardholders made 164 million transactions across all industries in May 2024, with an average value of $55 per transaction. The total amount spent using electronic cards was $9.0 billion.

More data

Use Infoshare to access the electronic card transactions time series:

Subject category: Economic indicators
Group: Electronic card transactions (ANZSIC06) – ECT

Definitions and metadata

Electronic card transactions data collection methodology – DataInfo+ gives general methodology used to produce electronic card transaction statistics.

Electronic card transactions concepts – DataInfo+ gives definitions of terms used in this release.

Technical enquiries

Yvonne Fakahau
04 931 4600
[email protected]

ISSN 1178-0258

Next release

Electronic card transactions: June 2024 will be released on 12 July 2024.

/Stats NZ Public Release. View in full here.