Retail Sales in New Zealand decreased 14.20 percent in the second quarter of 2020 over the same quarter in the previous year. source: Statistics New Zealand

Retail Sales YoY in New Zealand averaged 2.91 percent from 1996 until 2020, reaching an all time high of 9.30 percent in the first quarter of 2004 and a record low of -14.20 percent in the second quarter of 2020. This page provides - New Zealand Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.

Retail Sales YoY in New Zealand is expected to be -5.00 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 13.20 in 12 months time. In the long-term, the New Zealand Retail Sales YoY is projected to trend around 2.50 percent in 2021 and 4.00 percent in 2022, according to our econometric models.

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New Zealand Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-14.20 2.30 9.30 -14.20 1996 - 2020 percent Quarterly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2019-11-25 09:45 PM Q3 4.5% 2.9% 3.1%
2020-02-23 09:45 PM Q4 3.3% 4.5% 5.1%
2020-05-21 10:45 PM Q1 2.3% 3.3% 1%
2020-08-23 10:45 PM Q2 -14.2% 2.3% -9%
2020-11-25 09:45 PM Q3 -14.2% -5%

New Zealand Consumer Last Previous Highest Lowest Unit
Consumer Confidence 95.10 97.20 130.90 79.10 points [+]
Retail Sales MoM -14.60 -1.20 2.90 -14.60 percent [+]
Retail Sales YoY -14.20 2.30 9.30 -14.20 percent [+]
Consumer Spending 35197.00 40040.00 40197.00 15207.00 NZD Million [+]
Private Sector Credit 488193.00 486178.00 488689.00 10449.00 NZD Million [+]
Bank Lending Rate 8.44 8.38 16.02 7.50 percent [+]
Households Debt To GDP 94.80 94.40 94.80 27.90 percent of GDP [+]
Households Debt To Income 163.80 163.60 163.80 56.20 percent [+]
Gasoline Prices 1.40 1.37 1.94 0.71 USD/Liter [+]
Credit Card Spending 5734.00 5439.00 5969.00 2150.00 NZD Million [+]


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.