Boxing Day Spending Up Slightly Over Last Year
December 27, 2022
PHOTO: Alex Burton
Consumer spending across New Zealand on Boxing Day has topped levels from last year, but only just.
Worldline NZ figures for the full six-week pre-Christmas shopping period have shown a slight drop on last year.
Consumer spending over the three weeks before Christmas Day through core retail merchants in Worldline NZ’s payments network (excluding hospitality) reached $2.89 billion.
That was up 0.8 per cent on the same three weeks in 2021 and up 14.9 per cent on 2019.
The average transaction size for this time period in 2022 was $56.76, down 2.8 per cent from last year.
Across the regions, spending for these three weeks prior to Christmas Day was highest in West Coast (up10.7 per cent), Marlborough (up 7.7 per cent) and Otago (up 7.5 per cent).
But pre-Christmas spending in December was below 2021 levels in Auckland/Northland (down 0.9 per cent), Bay of Plenty (down-0.9 per cent), Wellington (-1.4 per cent) and Gisborne (down 2.1 per cent).