Please find attached the latest BNZ and Marketview monthly report on New Zealand’s Online Retail Sales.
• Online retail spending continued recent trends, with sales in June 10% higher than in June last year.
• Spending at domestic online sites was up 12% compared to June last year. Once again, this outpaced growth in spending at traditional stores, which was only up 3% on the prior June.
o Very strong growth in the Grocery, Electronic and Computer categories was responsible for half of the year-on-year increase in online spending at domestic merchants.
• Online spending at international merchants was up 7% compared to June last year.
o Online spending at overseas Entertainment Media stores and overseas Computer stores was up 20% compared to a year ago.
• For the past 4 months, spending at domestic online stores has been growing at a faster rate than spending at international sites.