Economic Calendar > Calendar Details
New ZealandThe third quarterQuarterly rate of retail sales
| Latest Release | Actual Value | Forecast Value | Previous Value | Next Release Time | Release Frequency | Importance |
|---|---|---|---|---|---|---|
| 2025-11-27 | 1.9% | 0.6% | 0.5% | 2026-02-23 05:45 | Quarterly |
|
Historical Data
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Forecast Value
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Definition
Retail data plays an important guiding role in determining a country's economic status quo 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 the country's consumer spending
Impact on Market
Why It Matters
Affected by the continuous turmoil in the global economy, New Zealand's local economy has also fallen into recession. The consumer demand of the public has been continuously shrinking, 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 economist forecast, it will increase the possibility of the Reserve Bank of New Zealand raising interest rates.
Released By
Statistics New Zealand
