Consumer Spending in New Zealand increased to 39684 NZD Million in the third quarter of 2019 from 39358 NZD Million in the second quarter of 2019. Consumer Spending in New Zealand averaged 24463.96 NZD Million from 1987 until 2019, reaching an all time high of 39684 NZD Million in the third quarter of 2019 and a record low of 15205 NZD Million in the first quarter of 1988. source: Statistics New Zealand
Consumer Spending in New Zealand is expected to be 39634.00 NZD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in New Zealand to stand at 40676.00 in 12 months time. In the long-term, the New Zealand Consumer Spending is projected to trend around 42902.00 NZD Million in 2020, according to our econometric models.