Consumer Spending in New Zealand increased to 37833 NZD Million in the second quarter of 2018 from 37452 NZD Million in the first quarter of 2018. Consumer Spending in New Zealand averaged 23883.86 NZD Million from 1987 until 2018, reaching an all time high of 37833 NZD Million in the second quarter of 2018 and a record low of 15210 NZD Million in the first quarter of 1988.
Consumer Spending in New Zealand is expected to be 37718.00 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 38817.00 in 12 months time. In the long-term, the New Zealand Consumer Spending is projected to trend around 40743.00 NZD Million in 2020, according to our econometric models.