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New Zealand Core Retail Sales QoQ

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New Zealand Core Retail Sales QoQ

Frequency

Delivery Method

Website popup

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Status

 
Latest Release
Aug 22, 2024
Actual
-1.0%
Forecast
-0.8%
Previous
0.3%
Core Retail Sales measures the change in the total value of inflation-adjusted sales at the retail level in New Zealand, excluding automobiles and gas stations. It is an important indicator of consumer spending and is also considered a pace indicator for New Zealand's economy.

A higher than expected reading should be taken as positive/bullish for the NZD, while a lower than expected reading should be taken as negative/bearish for the NZD.
Importance:
Country:
Currency: NZD
Source: Statistics New Zealand
New Zealand Core Retail Sales QoQ
 
Release Date Time Actual Forecast Previous
Aug 22, 2024 17:45 -1.0% -0.8% 0.3%
May 22, 2024 17:45 0.4% 0.0% -1.6%
Feb 22, 2024 16:45 -1.7% -0.1% 0.4%
Nov 23, 2023 16:45 1.0% -1.5% -1.6%
Aug 22, 2023 17:45 -1.8% -2.5% -1.6%
May 23, 2023 17:45 -1.1% -1.0% -1.6%

News

N.Z. core retail sales 1.2% vs. 0.9% forecast
N.Z. core retail sales 1.2% vs. 0.9% forecast By Investing.com - May 14, 2017

Investing.com - Core retail sales in New Zealand rose more-than-expected last month, official data showed on Sunday.In a report, Statistics New Zealand said that N.Z. core retail sales rose to a...

Analysis

Kenny Fisher
New Zealand Dollar Rally Fizzles By Kenny Fisher - May 24, 2022 1

The New Zealand dollar reversed directions after a solid 3-day rally. In the European session, NZD/USD was trading at 0.6432, down 0.55% on the day.China jitters weigh on NZ dollarNew Zealand’s...

Craig Erlam
Week Ahead: Markets Remain Volatile By Craig Erlam - Feb 19, 2022

Investors on edge as Ukraine tensions riseThere’s been no shortage of volatility in the markets so far this year and it doesn’t look like that is going to change any time soon. The focus...

Core Retail Sales (QoQ) Discussion

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All Comments (2)
Tiago Silva
Tiago Silva Aug 22, 2024 10:44AM ET
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Will this parity fall?
Franklin Soares
Franklin Soares Feb 22, 2018 4:09PM ET
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Prepare for Retail Sales q/q (NZD) at 18:45
 
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