New Zealand Consumer Spending - Forecast

Consumer Spending in New Zealand is expected to be 37571.54 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 38146.80 in 12 months time. In the long-term, the New Zealand Consumer Spending is projected to trend around 38855.44 NZD Million in 2020, according to our econometric models.


New Zealand Consumer Spending
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New Zealand Consumer Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Consumer Confidence 107 108 109 109 109 110
Retail Sales MoM 0.2 0.57 0.52 0.6 0.54 0.55
Retail Sales YoY 4.1 4.01 3.61 3.62 3.5 3.56
Consumer Spending 37052 37572 37786 37973 38147 38855
Private Sector Credit 428860 433604 435347 436251 436689 436108
Bank Lending Rate 9.31 9.33 9.4 9.49 9.59 10.43
Households Debt To Income 168 168 168 168 168 166