Consumer Spending in New Zealand decreased to 35197 NZD Million in the second quarter of 2020 from 40040 NZD Million in the first quarter of 2020.

Consumer Spending in New Zealand averaged 24810.46 NZD Million from 1987 until 2020, reaching an all time high of 40197 NZD Million in the fourth quarter of 2019 and a record low of 15207 NZD Million in the first quarter of 1988. This page provides the latest reported value for - New Zealand Consumer Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. New Zealand Consumer Spending - values, historical data and charts - was last updated on October of 2020. source: Statistics New Zealand

Consumer Spending in New Zealand is expected to be 38493.00 NZD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in New Zealand to stand at 46260.00 in 12 months time. In the long-term, the New Zealand Consumer Spending is projected to trend around 39332.00 NZD Million in 2021 and 40434.00 NZD Million in 2022, according to our econometric models.

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New Zealand Consumer Spending

Actual Previous Highest Lowest Dates Unit Frequency
35197.00 40040.00 40197.00 15207.00 1987 - 2020 NZD Million Quarterly
Constant Prices 2009-10, SA

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 5702.00 5756.00 6247.00 2149.00 NZD Million [+]