Credit card purchases up 9.4%

By AVI KRAWITZ
November 27, 2006 08:40

The index of private consumer credit card spending rose 9.4% based on fixed prices during the first 10 months of the year compared to the parallel period 2005, the CBS said Sunday.




The index of private consumer credit card spending rose 9.4 percent based on fixed prices during the first 10 months of the year compared to the parallel period 2005, the Central Bureau of Statistics said Sunday. Spending on municipal and government services grew 23% over the January to October period last year, taking 5% of the total spending. Other growth sectors were in computer and software products and clothing, while spending on food and beverages grew 6.4% and accounted for 21% of the spending, the largest share of spending during the period.


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