The pace of online sales growth in Australia eased in December as shoppers bought their Christmas presents in November to ensure they would be delivered before the festive season, a survey released on Monday by the National Australia Bank (NAB) showed. The NAB Online Retail Sales Index showed the rate of internet sales growth eased to 23 percent year-on-year in December, down from 27 percent in November. "This was a seasonal move, with November being the peak month for online retail sales, which allows time for goods to be delivered ahead of Christmas," NAB chief economist Alan Oster said. Australia's total online spending was around 12.8 billion AU dollars (13.36 billion U.S. dollars) during 2012, which accounted for 5.8 percent of traditional bricks and mortar retail spending excluding cafes, restaurants and takeaway food, the bank said.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor