Hear NAB’s senior expert panellists discuss a range of topics to provide key insights to help you and your business prepare for the current property market climate.
July 4, 2016
NAB Online Retail Sales Index: May 2016
Online sales increase 2.0% in May 2016
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.
More from NAB: