Last month it was found well increase in retail sales of electronic transaction data. A retailer group hopes that this increase will continue till Christmas.

Paymark figures illustrated expenses all the way through its network last month. And it was up 5.5 per cent as compared from November last year. It is viewed that retailers could have their best Christmas meant for three years. Paymark held that it is very positive indication that there is a 5.6 per cent ascends in the number of transactions during the month.

Retail Association chief executive, John Albertson assumed that it seems as if Christmas sales may be positive 2 per cent to 3 per cent scheduled last year because there was crash of tax cuts which now was taken into consideration.

Paymark chief executive, Simon Tong said that a good improvement was seen but the impact of heavy discounting was yet to be not known. He said it is difficult to find out how retailers are truly charging.

Throughout the past two years there had been a final hasten prior to Christmas and this year sales could be still stronger.