BNZ Marketview - June 2018
Are Kiwi businesses catching on to online 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.
Online spending at international merchants was up 7% compared to June last year.
For the past 4 months, spending at domestic online stores has been growing at a faster rate than spending at international sites.