ONLINE RETAIL SALES INDEX

INSIGHTS, TRENDS AND CASE STUDIES

The NAB Cashless Retail Sales Index was weaker in April, down 0.6% on a month on month basis in March.

In seasonally adjusted terms, at 0.9%, online retail sales accelerated in March. The 12 months to growth rate is however a bit slower.

Insights into the mindset of Australian consumers – anxieties around future spending and savings plans, household finances, the economy, financial concerns & how these are impacting spending behaviours and levels of financial hardship.

The NAB Cashless Retail Sales Index grew 1.2% on a month on month basis in March – slower than January or February.

NAB Online Retail Sales Index (NORSI) slowed in February  (+0.8% mom s.a.) from stronger growth in January (1.6%).

The NAB Cashless Retail Sales Index continued to improve into February, a welcome trend after the weak sales experienced at the end of 2018.

NAB Online Retail Sales Index (NORSI) rebounded strongly in January (+1.5% mom s.a.) from a revised contraction (-1.8%) in December.

The NAB Cashless Retail Sales Index shows improvement in January following a weak December.

NAB’s Consumer Anxiety Index* was basically unchanged in Q4 2017 at near survey lows with job security causing Australians the least stress, consistent with a strongly improving labour market.

In seasonally adjusted terms, at -2.2%, online retail sales contracted in December, the largest since November 2014. Looking through the month to month volatility, while the trend is still positive, it has again slowed.

The NAB Cashless Retail Sales Index shows a slowdown in December following a strong November.

NAB Online Retail Sales Index (NORSI) accelerated strongly in November(+4.7% mom s.a.).

The NAB Cashless Retail Sales Index shows strong growth in the month of November (1.6% mom).

Articles posted by month