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New Zealand Retail Sales QoQ

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New Zealand Retail Sales QoQ

Frequency

Delivery Method

Website popup

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Status

 
Latest Release
Aug 22, 2024
Actual
-1.2%
Forecast
-1.0%
Previous
0.4%
Retail Sales gauges the change in the aggregate value of sales at the retail level across the country. It is an important indicator of consumer spending accounting for the majority of overall economic activity.

A reading that is stronger than forecast is generally supportive (bullish) for the NZD, while a weaker than forecast reading is generally negative (bearish) for the NZD.
Importance:
Country:
Currency: NZD
Source: Statistics New Zealand
New Zealand Retail Sales QoQ
 
Release Date Time Actual Forecast Previous
Nov 25, 2024 (Q3) 21:45     -1.2%
Aug 22, 2024 (Q2) 22:45 -1.2% -1.0% 0.4%
May 22, 2024 (Q1) 22:45 0.5% -0.3% -1.9%
Feb 22, 2024 (Q4) 21:45 -1.9% -0.2% -0.8%
Nov 23, 2023 (Q3) 21:45 0.0% -0.8% -0.9%
Aug 22, 2023 (Q2) 22:45 -1.0% -2.6% -1.6%

News

N.Z. retail sales 1.5% vs. 1.1% forecast
N.Z. retail sales 1.5% vs. 1.1% forecast By Investing.com - May 14, 2017

Investing.com - Retail sales in New Zealand rose more-than-expected last month, official data showed on Sunday. In a report, Statistics New Zealand said that retail sales rose to 1.5%, from 0.6%...

Analysis

Retail Sales (QoQ) Discussion

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