Credit card consumption trend September index 8.1% higher than before the spread of infection

Nowcast, a data analysis company, and JCB, a major credit card company, protect privacy based on card usage information, investigate consumption trends, and release an index every month.

According to it, the September index was 8.1% higher than the average for the same month for the three years from 2016 to 2018 before the spread of infection.

The positive margin widened compared to August's positive 6.2%.

By industry
▽ "Liquor store" increased by 51.7%, 23.5 points compared to August,
▽"Discount shops" increased by 29.8%, an increase of 8.9 points from August.

The surveyed company analyzes that factors such as last-minute demand before price increases in food and beverages are factors.

In addition,
▽ "Travel" is -39.1%
▽ "Accommodation" minus 18.6%
▽ “Dining out” was minus 3.6%,
Since the number of new infections with the new corona was on the decline, the negative margin was reduced in each case compared to August, and consumption of travel and eating out has recovered.

The survey company said, "While consumption is expected to recover in accommodation and transportation with the National Travel Assistance that started this month, how will price increases of various products affect consumption in retail? I want to keep an eye on it," he said.

Source: https://www3.nhk.or.jp/news/html/20221017/k10013860961000.html