The Marketview report shows pre-Christmas online retail spending at offshore sites was stronger than ever this year - up 21% on last November. Kiwis have been making the most of favourable exchange rates to splash out at record levels for online purchases from overseas. A new Marketview report for the BNZ notes a surge in offshore online shopping by Kiwis in the run-up to Christmas. November is typically the peak month for purchasing goods from overseas sites, when many customers want delivery in time for Christmas. The Marketview report shows pre-Christmas online retail spending at offshore sites was stronger than ever this year - up 21% on last November.

Source: Otago Daily Times January 14, 2017 22:44 UTC