CONSUMER INSIGHTS | MARCH 2025 Absa’s Merchant Spend Analytics: December 2024 Absa | Corporate and Investment Banking > Insights and Events > Absa’s Merchant Spend Analytics: December 2024 SHARE Consume This, CGS Monthly: Volume 12 We are pleased to share the latest Merchant Spend Analytics report, focusing on December card spending activity. December 2024 marked a significant milestone for retail card spending, achieving the highest levels of both card spending and transaction volumes for the entire year. Furthermore, it was the first time in 2024 card spending and transaction volumes experienced three consecutive months of increase. This achievement underscores the substantial influence of the fourth quarter in driving retail activity. The report also delves into an analysis of card spending across various categories, providing valuable insights into consumer behaviour and spending patterns. Download latest Absa Merchant Spend Analytics Report https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles CONSUMER INSIGHTS Absa Merchant Spend Analytics Report: May 2025 Johannesburg, 29 July 2025 – The Absa Merchant Spend Analytics Report for May 2025 indicates a slight uptick in card activity, following April’s sharp decline. According to Absa’s internal data, card spending increased by 2% month-on-month (MTM), while transaction volumes climbed by 4%. Despite the 2% growth in card spending and 4% increase in transaction volumes, this growth remains below the prevailing inflation rate of 2.8%. Read more CONSUMER INSIGHTS Absa Merchant Spend Analytics Report: April 2025 The Merchant Spend Analytics Report for April 2025 noted a surprising decline in card transaction data for the month. In the wake of a robust performance in March, the month-to-month figures showed a 5% decline in card spending and a 7% decrease in transaction volume. Read more CONSUMER INSIGHTS Absa Merchant Spend Analytics Report: Q1 2025 The first quarter for 2025 revealed resilient card spending with remarkable month-to-month recoveries. While growth moderated on a year-to-date basis, consumer sentiment remained strong and stable. Read more
