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NZ Online Retail Sales: Monthly update & Q&A with Might Ape
NZ Online Retail Sales: Monthly update and Q&A with Might Ape
Media Release
Bank of New Zealand
The special feature in this month’s report is a Q&A with Mighty Ape (one of New Zealand’s local online success stories), covering a range of key online retailing issues.
Key figures for February online retail
sales
• Total online
retail spending was up 9% on February last year – a solid
result, nearly back to double-digits.
• Online purchases at domestic merchants in February were up 6% on the spending levels a year earlier, which is similar to the growth in spending at physical stores.
• Spending at international sites was up 13% on the level we saw in February last year. The growth rate has eased in recent months, but remains double that of online sales at domestic retailers.
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