Consumer Spending in New Zealand increased to 39273 NZD Million in the second quarter of 2019 from 39079 NZD Million in the first quarter of 2019. Consumer Spending in New Zealand averaged 24360.34 NZD Million from 1987 until 2019, reaching an all time high of 39273 NZD Million in the second quarter of 2019 and a record low of 15210 NZD Million in the first quarter of 1988.
Consumer Spending in New Zealand is expected to be 39424.00 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 40218.00 in 12 months time. In the long-term, the New Zealand Consumer Spending is projected to trend around 42324.00 NZD Million in 2020, according to our econometric models.