Description

The Index resource is used to compare the performance of different categories of industries over time. This comparison can be week-to-week based, so if you choose to compare week 5 against week 10, you will get a percentage value stating how much an industry has changed when comparing only these two weeks against each other. Five different time periods are available: Weekly, Monthly, and Quarterly are specific for the chosen period. Then there are the current year and last year, which are indexes for a weekly period of time for the current/last year versus the historical average for the same period of time.

Use the following four indexes returning the percentage change to further develop your own hypothesis. Here is a list of these indexes:

• Card Turnover Index: Shows if the amount of turnover is increasing or decreasing in percentage.

• Number of Transactions Index: Shows if the number of transactions is increasing or decreasing in percentage.

• Number of Cards Index: Shows the number of cards (number of card spending/cardholders) development in percentage.

• Average Merchant Card Turnover Index: Shows the development for card turnover for merchants on average for the given period in percentage.

If you are interested in a high-level overview across the categories, try using our Group By function. It offers segmentation of the market where you can see an overall turnover, how many transactions took place online and/or in person, how many cards were domestic and international, and also how many cards were business and private.

FAQ

• What if the turnover is increasing, but the number of transactions isn't?

  • The merchants may be succeeding in upselling their goods, as consumers are making higher purchases

• What if the number of cards is increasing, but both the turnover and number of transactions aren't?

  • This suggest that the same number of consumers are spending less on average

• Which industry is affected the most by the pay week? 

  • The categories with the highest index in the pay week

• Is there an increase of international cards during the holiday and does it affect a single category for example hospitality, or multiple ones?

  • During the holidays, there is usually an increased number of international cards, which affects several categories

Default Response

{
  "values": [
    {
      "analysis_year": 2019,
      "baseline_year": 2020,
      "category": "string",
      "card_turnover_index": 0.0,
      "number_of_transactions_index:": 0.0,
      "number_of_cards_index:": 0.0,
      "average_merchant_card_turnover_index": 0.0
    }
  ]
}