Consumer Spending in New Zealand increased to 43840 NZD Million in the first quarter of 2021 from 41647 NZD Million in the fourth quarter of 2020. source: Statistics New Zealand

Consumer Spending in New Zealand averaged 25248.90 NZD Million from 1987 until 2021, reaching an all time high of 43840 NZD Million in the first quarter of 2021 and a record low of 15207 NZD Million in the first quarter of 1988. This page provides the latest reported value for - New Zealand Consumer Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. New Zealand Consumer Spending - values, historical data and charts - was last updated on July of 2021.

Consumer Spending in New Zealand is expected to be 38341.00 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 42480.00 in 12 months time. In the long-term, the New Zealand Consumer Spending is projected to trend around 44829.00 NZD Million in 2022 and 46084.00 NZD Million in 2023, according to our econometric models.

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New Zealand Consumer Spending

Actual Previous Highest Lowest Dates Unit Frequency
43840.00 41647.00 43840.00 15207.00 1987 - 2021 NZD Million Quarterly
Constant Prices 2009-10, SA

New Zealand Consumer Last Previous Highest Lowest Unit
Consumer Confidence 107.10 105.20 130.90 79.10 points [+]
Retail Sales MoM 2.50 -2.60 27.80 -14.80 percent [+]
Retail Sales YoY 6.80 4.60 9.30 -14.20 percent [+]
Consumer Spending 43840.00 41647.00 43840.00 15207.00 NZD Million [+]
Private Sector Credit 507808.00 503738.00 507808.00 10449.00 NZD Million [+]
Bank Lending Rate 8.37 8.34 16.02 7.50 percent [+]
Households Debt To GDP 97.60 95.10 97.60 27.90 percent of GDP [+]
Households Debt To Income 165.60 162.60 165.60 56.20 percent [+]
Gasoline Prices 1.65 1.59 1.94 0.71 USD/Liter [+]
Credit Card Spending 6310.00 6256.00 6310.00 2150.00 NZD Million [+]