APPLIANCES SEE MASSIVE RISE IN CONSUMER SPENDING

By Wares April 08, 2016 Industry news

BNZ MarketView spending figures for last week (ending 3 April) show big growth.

As you can see from the graphic above, the latest week's spending was massively up on last year, thanks to Easter.

Spending this Easter Monday was +8.6% on last year, while transaction volumes were +6.5%.

Overall this Easter weekend, spending on BNZ credit and debit cards was +8.5% by value and +3.8% by volume on last year.

The biggest winners were:

  • Furniture and flooring +50.4%
  • Appliances +42.5%
  • Footwear +39.2%

Other news is that online shopping represents 6.8% of total retail spending, according to the BNZ Online Retail Sales Index.

See the full report here

share this