Credit card purchases up 8.8%

The CBS said 19% of the purchases were made on clothing, furniture and electronic appliances and the same amount on insurance, travel and municipal services, while 21% was for food and beverages.

By AVI KRAWITZ
June 29, 2006 07:22
credit cards 88

credit cards 88. (photo credit: )

 
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Private consumers spent 8.8 percent more with their credit cards in the first five months of 2006 compared to the parallel period last year, the Central Bureau of Statistics said Wednesday. The CBS said 19% of the purchases were made on clothing, furniture and electronic appliances and the same amount on insurance, travel and municipal services, while 21% was for food and beverages. Households spent 10% of their credit card purchases on telecommunications, 8% on gas and electricity and 7% on medical needs with the remainder split between transport, computer needs and books and office equipment.

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