Rise in credit card purchases in 2006
A 9.6 percent increase was noted in credit card purchases in 2006 compared to the previous year, figures published by Central Bureau of Statistics on Thursday revealed. The increase in 2005 was 9.9 percent.
Based on the data, the biggest increase in credit-card payments was for municipal and governmental services, clothing and footwear, and hardware and software. Credit-card use for food purchases increased by 6.5 percent.
The information regarding individual consumers was received from all credit-card companies operating in Israel , and was divided into major purchase groups and sub-groups, according to categories of the businesses at the credit-card companies.
Based on the data, the biggest increase in credit-card payments was for municipal and governmental services, clothing and footwear, and hardware and software. Credit-card use for food purchases increased by 6.5 percent.
The information regarding individual consumers was received from all credit-card companies operating in Israel , and was divided into major purchase groups and sub-groups, according to categories of the businesses at the credit-card companies.
Read more at: Rise in credit card purchases in 2006


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