The stocks of goods held by firms in New Zealand decreased by 201 NZD Million in the first quarter of 2019. Changes in Inventories in New Zealand averaged 174.34 NZD Million from 1987 until 2019, reaching an all time high of 769 NZD Million in the second quarter of 2008 and a record low of -907 NZD Million in the second quarter of 2009.
Changes in Inventories in New Zealand is expected to be 80.00 NZD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Changes in Inventories in New Zealand to stand at 340.00 in 12 months time. In the long-term, the New Zealand Changes in Inventories is projected to trend around 380.00 NZD Million in 2020, according to our econometric models.