Consumer Spending in New Zealand increased to 38478 NZD Million in the third quarter of 2018 from 38101 NZD Million in the second quarter of 2018. Consumer Spending in New Zealand averaged 24008.29 NZD Million from 1987 until 2018, reaching an all time high of 38478 NZD Million in the third 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 38450.00 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 38779.00 in 12 months time. In the long-term, the New Zealand Consumer Spending is projected to trend around 40594.00 NZD Million in 2020, according to our econometric models.