Retailwatch for October 2016

Posted on Posted in Blog

Total retail spend in NZ for the 28 days ending 28 October 2016 was $3.5 billion. This is an increase of 3.3% compared to the previous month and an increase of 2.0% compared to the same period last year. The greatest increases in month on month spend were in Home & Building Supplies (+12.4%), Recreation & Entertainment (+10.4%) and Clothing & Footwear (+8.9%).

The Recreation & Entertainment category also had the greatest increase in year on year spend, up 16.4%. Travel & Accommodation had the greatest decrease in spend when compared to the previous month, down 10.5%, while year on year spend for this category increased by 3.2%. Other categories with an increase in spend when compared to the same period last year include Cafés, Restaurants & Bars (+5.8%), Liquor Stores (+3.9%) and Home & Building Supplies (+2.7%). Decreases in year on year spend were seen in the Books & Stationery Stores (-5.1%), Fuel & Service Stations (-3.9%), Department Stores (-2.7%) and Furniture, Appliances & Electronics (-0.7%) categories.

 

report