Retail sales in New Zealand rose 2.5 percent on quarter in the first 3 months of 2021 quarter following a 2.6 percent fall in the December 2020 quarter. Electrical and electronic goods had the largest increase (8.4 percent vs 0.3 percent in Q4)), followed by recreational goods (16 percent vs -14 percent in Q4). “Higher spending in the electrical industry coincides with falling prices for computers and phones during the first quarter of 2021. In addition, recreational and outdoor sporting goods were top of the list for many New Zealanders over the summer holiday break. Many were enjoying the ability to travel around the country for camping, water or biking activities, and the opportunity to attend large events such as the America’s Cup” retail business manager Sue Chapman said. source: Statistics New Zealand

Retail Sales MoM in New Zealand averaged 0.82 percent from 1995 until 2021, reaching an all time high of 27.80 percent in the third quarter of 2020 and a record low of -14.90 percent in the second quarter of 2020. This page provides - New Zealand Retail Sales MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Retail Sales QoQ - data, historical chart, forecasts and calendar of releases - was last updated on June of 2021.

Retail Sales MoM in New Zealand is expected to be 1.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales MoM in New Zealand to stand at 2.00 in 12 months time. In the long-term, the New Zealand Retail Sales QoQ is projected to trend around 1.70 percent in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
New Zealand Retail Sales QoQ

Actual Previous Highest Lowest Dates Unit Frequency
2.50 -2.60 27.80 -14.80 1995 - 2021 percent Quarterly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-08-23 10:45 PM Q2 -14.6% -1.2% -4%
2020-11-22 09:45 PM Q3 28% -14.8% 10%
2021-02-22 09:45 PM Q4 -2.7% 27.8% 2.5%
2021-05-23 10:45 PM Q1 2.5% -2.6% 2.5%
2021-08-24 10:45 PM Q2 2.5%
2021-11-22 09:45 PM Q3


News Stream
New Zealand Retail Sales Rebound in Q1
Retail sales in New Zealand rose 2.5 percent on quarter in the first 3 months of 2021 following a 2.6 percent fall in the December 2020 quarter. Electrical and electronic goods had the largest increase (8.4 percent vs 0.3 percent in Q4)), followed by recreational goods (16 percent vs -14 percent in Q4). “Higher spending in the electrical industry coincides with falling prices for computers and phones during the first quarter of 2021. In addition, recreational and outdoor sporting goods were top of the list for many New Zealanders over the summer holiday break. Many were enjoying the ability to travel around the country for camping, water or biking activities, and the opportunity to attend large events such as the America’s Cup” retail business manager Sue Chapman said.
2021-05-23
New Zealand Retail Sales Retreat
The volume of total retail sales in New Zealand declined a seasonally adjusted 2.7 percent in the fourth quarter of 2020, following a revised 27.8 percent increase in the previous period, which was the largest rise in total volume sales since the series began in 1995. On an annual basis retail sales lost steam, rising 4.8 percent after increasing 8.3 percent in the previous three months, nudged mainly by electrical and electronic goods retailing, up 21 percent.
2021-02-22
New Zealand Retail Sales Rebound at Record Pace
The volume of total retail sales in New Zealand jumped a seasonally adjusted 28 percent in the third quarter of 2020, following an upwardly revised 14.8 percent drop in the previous period. It was the largest rise in total volume sales since the series began in 1995, driven by higher spending on major household items, vehicles, and groceries.
2020-11-22
NZ Retail Sales Suffer Record Fall
The volume of total retail sales in New Zealand declined a seasonally adjusted 14.6 percent in the second quarter of 2020 following a revised 1.2 percent drop in the previous period, as coronavirus restrictions dented demand. It was the largest drop in total volume sales since the series began in 1995, as sales dropped for supermarket & grocery (-0.2 percent vs 8.7 percent in Q1); electrical and electronic goods (-1.5 percent vs 0.9 percent) and motor vehicles and parts (-15 percent vs -8.8 percent). Year-on-year, retail sales were down 14.2 percent.
2020-08-23

New Zealand Retail Sales QoQ
In New Zealand, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In New Zealand, Retail sales are seasonal, volatile and relatively important to the overall economy.