Retailwatch for March 2017

Posted on Posted in Retail Watch

Total retail spend in NZ for the 28 days ending 28 March 2017 was $3.3 billion. This is a decrease of -2.6% compared to February 2017 and an increase of 1.0% 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 Health Goods & Services (+8.8%) and Fuel & Service Stations (4.9%) while Department Stores saw the greatest decrease in spend (-6.3%).

Compared to the previous month, all but two categories experienced decreases in spend. The largest decrease was seen in Books & Stationary Stores (-10.8%), followed by Travel & Accommodation (-7.3%) and Liquor Stores (-5.9%).

The Clothing & Footwear category saw the largest increase in spend by 9.8%.

 

report