Economic Calendar > Calendar Details
New ZealandThe third quarterAnnual rate of retail sales
| Latest Release | Actual Value | Forecast Value | Previous Value | Next Release Time | Release Frequency | Importance |
|---|---|---|---|---|---|---|
| 2025-11-27 | 4.5% | % | 2.3% | 2026-02-23 05:45 | Quarterly |
|
Historical Data
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Definition
Retail data plays an important guiding role in determining a country's economic situation and prospects, because retail sales directly reflect the increase or decrease in consumer spending. In Western developed countries, consumer spending usually accounts for more than half of the national economy. In countries such as the United States and the United Kingdom, this proportion can reach two - thirds. An increase in a country's retail sales represents an increase in consumer spending in that coun
Impact on Market
Why It Matters
Affected by the continuous turmoil in the global economy, the local economy of New Zealand has also fallen into recession. The consumption demand of the public has been shrinking continuously, and consumer spending has been decreasing day by day. The automotive sales industry has borne the brunt. However, if New Zealand's retail sales growth is higher than the median forecast of economists, it will increase the possibility of the Reserve Bank of New Zealand raising interest rates.
Released By
Statistics New Zealand
