Retail Sales in New Zealand increased 4.50 percent in the third quarter of 2019 over the same quarter in the previous year. Retail Sales YoY in New Zealand averaged 3.09 percent from 1996 until 2019, reaching an all time high of 9.30 percent in the first quarter of 2004 and a record low of -8 percent in the first quarter of 2009. source: Statistics New Zealand

Retail Sales YoY in New Zealand is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in New Zealand to stand at 3.50 in 12 months time. In the long-term, the New Zealand Retail Sales YoY is projected to trend around 4.00 percent in 2020, according to our econometric models.

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New Zealand Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
4.50 2.90 9.30 -8.00 1996 - 2019 percent Quarterly
NSA



Calendar GMT Actual Previous Consensus TEForecast
2019-02-24 09:45 PM Q4 3.5% 2.7% 4%
2019-05-21 10:45 PM Q1 3.3% 3.5% 4.2%
2019-08-22 10:45 PM Q2 2.9% 3.3% 2.9%
2019-11-25 09:45 PM Q3 4.5% 2.9% 3.1%
2020-02-23 09:45 PM Q4 4.5% 5.1%


New Zealand Retail Sales YoY
In New Zealand, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.

New Zealand Consumer Last Previous Highest Lowest Unit
Consumer Confidence 109.90 103.10 130.90 79.10 points [+]
Retail Sales MoM 1.60 0.20 2.90 -2.80 percent [+]
Retail Sales YoY 4.50 2.90 9.30 -8.00 percent [+]
Consumer Spending 39684.00 39358.00 39684.00 15205.00 NZD Million [+]
Private Sector Credit 476628.00 475403.00 476628.00 10449.00 NZD Million [+]
Bank Lending Rate 9.00 9.00 16.02 7.50 percent [+]
Households Debt To GDP 94.60 94.40 94.60 27.90 percent of GDP [+]
Households Debt To Income 164.40 164.20 164.40 56.20 percent [+]
Credit Card Spending 5822.00 5871.00 5871.00 2155.00 NZD Million [+]