Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

NZ Online Retail Sales - June 2018

Please find attached the latest BNZ and Marketview monthly report on New Zealand’s Online Retail Sales.

HIGHLIGHTS

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.

NZ_Online_Retail_Sales_in_June_2018_20180731_FINAL.PDF

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Climate Summary: NZ’s Equal-2nd Warmest Year On Record

Annual temperatures were above average (+0.51°C to +1.20°C above the annual average) across the majority of New Zealand... 2018 was the equal 2nd-warmest year on record for New Zealand, based on NIWA’s seven-station series which began in 1909. More>>

ALSO:

GDP: Economic Growth Dampens In The September Quarter

Gross domestic product (GDP) rose 0.3 percent in the September 2018 quarter, down from 1.0 percent in the previous quarter, Stats NZ said today... GDP per capita was flat in the September 2018 quarter, following an increase of 0.5 percent in the June 2018 quarter. More>>

ALSO:

Up $1.20: $17.70 Minimum Wage For 2019

Coalition Government signals how it will move toward its goal of a $20 p/h minimum wage by 2021... “Today we are announcing that the minimum wage will increase to $17.70 an hour on 1 April 2019." More>>

ALSO:

Retail: IKEA To Open In New Zealand

Inter IKEA Systems B.V. is today announcing its intentions to grant the Ingka Group exclusive rights to explore expansion opportunities in New Zealand. More>>