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BNZ Marketview August 2015

Total online retail spending in August was a fraction down on July, but up 12% compared to August 2014.

Recent trends have continued. Online spending at international sites is still running strong - up 21% on August 2014 (partly due to NZD effects).

Online spending at local merchants is up 5% on August last year.

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BNZ Market View July 2015

Total online retail spending in July was up 13% compared to July 2014 levels. Spending at international sites is continuing to run at levels much higher than a year ago, with spending up 25% on July last year. Like last month, part of this increase reflects higher prices due to falls in the New Zealand dollar. The NZD was down 24% against the US dollar and 16% against the UK pound, compared to July 2104

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