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NZ Online Retail Sales: Monthly update for November
NZ Online Retail Sales: Monthly update for November
BNZ and Marketview have released their latest monthly report on New Zealand’s Online Retail Sales.
HIGHLIGHTS
• New Zealand’s
total online spending in November was up a
moderate 5% on the same month last year.
• The growth rate for online spending at international online retailers eased back after a surge in October. In last month’s report we suspected that the 28% leap in online purchases at international merchants (Oct 2014 vs Oct 2013) was partly driven by a pulling forward of spending that we would normally see in November. The November result supports this view. Sales growth was still buoyant, but much less sprightly. Spending at international sites was up 11% on the level we saw in November last year.
• Online spending at domestic merchants was up 2% on last November - similar to the growth rate for physical stores.
Click here for the full report.
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