NAB Online Retail Sales Index: May 2016

Online sales increase 2.0% in May 2016

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Online sales increase 2.0% in May 2016

  • At 2.0% the latest seasonally adjusted NAB Online Retail Sales Index shows sales growth rebounded in May, from relatively low growth in April (0.3%).
  • The annual rate (13.2% ) is more in-line with March (13.3%) than April (11.2%).
  • In dollar terms, we estimate Australians spent $19.9 billion on online retail in the 12 months to May 2016.

For further details, please see the attached document.

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