Christmas shopping sets record in New Zealand


Wellington, Dec 24 (IANS): With a record-breaking $255 million NZD ($196 million) spent across the country, New Zealand's electronic payment company, Paymark, Wednesday said Tuesday was the highest ever spending day.

Nationally, the peak transaction rate of 156 per second was recorded at 12.35 p.m Wednesday against 148 transactions per second in 2013, the New Zealand Herald reported.

Mark Spicer, Paymark's Head of Customer Relations, said the figures indicated that more people were shopping till the last minute.

"To give some sense of the change in the last few days, spending this Tuesday was up 45.1 percent. In terms of annual growth, spending at supermarkets and other food stores was up 12.7 per cent on the same day last year," Spicer said.

Consumers remained focused on home furnishings Tuesday with strong spending seen in furniture and floor coverings. This particular sector registered a 19.9 percent increase compared to 7.7 percent last year.

Meanwhile, spending at book and video stores were up by 9.8 percent. Clothing, apparel and jewellery spending increased to 2.6 percent.

  

Top Stories


Leave a Comment

Title: Christmas shopping sets record in New Zealand



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.