Credit card purchases up 8.3%

Private consumers spent 8.3 percent more with their credit cards in fixed prices in the first nine months of 2006 compared to last year, the Central Bureau of Statistics said Sunday.

By AVI KRAWITZ
October 30, 2006 07:58

 
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Private consumers spent 8.3 percent more with their credit cards in fixed prices in the first nine months of 2006 compared to last year, the Central Bureau of Statistics said Sunday. CBS said 21% of the purchases were made on food and beverages, including food services, which showed a 6.1% rise over the 2005 period. Industrial products, including clothing, electrical equipment and furniture made up 19% of the purchases, representing growth of 13.4%, with clothing and footwear alone rising 15.4% over last year. The data showed that 19% of the purchases were made on services such as insurance, municipal services, tourism and leisure activities, 9.9% more than the first nine months of 2005. Consumers spent 10% of their credit on communications products, 8% on fuel, gas and electricity, 7% on medication and 3% on transport, CBS said.

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