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NZ Online Retail Sales - Monthly update for October 2015
NZ Online Retail Sales - Monthly update for October 2015
HIGHLIGHTS
· Total online retail spending in
October was up 9% compared to October last year. This is a
slower growth rate than we had observed in preceding months.
However, it seems likely that the softening in growth is at
least partly due to the timing of purchases, as opposed to a
slowdown in trend.
· Some of categories
showing very strong growth in online spending in October
(versus October last year) were: Clothing (up 17%);
Newspapers and Books (up 21%); Entertainment Media (up 26%);
and Pharmaceutical and Cosmetic goods (up 35%). Growth in
online spending on Groceries and at Department Stores was
also strong.
· Growth in purchases from
overseas slowed down in October, and domestic merchants
gained market share. However, it’s too early to say
whether this is a “blip”, or if factors such as the
lower NZD are starting to affect purchase volumes.
http://img.scoop.co.nz/media/pdfs/1512/NZ_Online_Retail_Sales_in_October_2015_20151202_FINAL.pdf
ends
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