BNZ Marketview December 2016
HIGHLIGHTS
- Spending at offshore sites eased slightly from its November seasonal peak, but underlying growth remained very strong.
- Purchases from overseas online retailers in December were up 17% on the previous December, with approximately half of the increase coming from Clothing, Computer and Electrical/Electronic stores.
- Spending at local sites was up 13% on the previous December; confirming the early data that pointed towards continued double-digit growth, and eclipsing the growth rate at bricks and mortar stores (approximately 4%*).
- Food, Clothing and Department/Variety stores stood out, driving over 60% of the increase on the previous December.
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