Removing the leap year effect, the growth rate drops to approximately +10%, slightly slower than the growth seen in recent months.
Online spending at local merchants was +10% on February last year, more or less than same as with physical stores.
Online spending at offshore sites by New Zealanders was +18% (+14% with a simple leap year adjustment).
Read the full report here: www.bnz.co.nz/onlineretailindex
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