Total retail spend in NZ for the 28 days ending 28 November 2016 was $3.7 billion. This is an increase of 3.0% compared to the previous month and an increase of 2.7% compared to the same period last year.
The greatest increases in month on month spend were in Department Stores (+19.3%) and Books & Stationery Stores (+13.5%). Despite these increases in spend compared to the previous month, year on year spend decreased for both these categories. Department Stores spend decreased by 4.0% and Books & Stationery Stores spend decreased by 4.2% compared to the same period last year.
Categories with the greatest increases in year on year spend were Recreation & Entertainment (+22.6%), Cafés, Restaurants & Bars (+4.5%) and Furniture, Appliances & Electronics (+4.2%).
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