Retailwatch for February 2017

Posted on Posted in Retail Watch

Total retail spend in NZ for the 28 days ending 28 February 2017 was $3.5 billion. This is an increase (1.7%) compared to January 2017 and an increase of 2.0% when compared to the same period last year.

Spending was up in eight of the twelve categories year on year. The categories showing the greatest increase in spend were Fuel & Service Stations (+10.8%) and Home % Building Supplies (6.7%) while Recreation & Entertainment saw the greatest decrease in spend (-4.5%).

Compared to the previous month, six out of the twelve categories experienced an increase in retail spend. Health Goods & Services showed a significant increase of 23.7% and Clothing & Footwear showed the greatest decrease in spend, decreasing by 8.8%.

 

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