Retail sales in New Zealand rose 0.9% quarter-on-quarter in Q1 2026, matching the pace recorded in the previous quarter and surpassing market expectations of 0.5%. The latest result marked the sixth consecutive quarterly increase, with figures adjusted for inflation and seasonal effects. Growth was broad-based, with 10 of the 15 retail industries recording higher sales volumes, notably accommodation (6.1%), pharmaceutical and other store-based retailing (2.8%), hardware, building, and garden supplies (2.7%), and supermarket and grocery stores (1.7%). By contrast, clothing, footwear, and personal accessories sales fell 4.8%.On an annual basis, retail turnover increased 4.5%, following a 4.4% rise in Q4, marking the sixth straight quarter of growth. source: Statistics New Zealand
Retail Sales in New Zealand increased 0.90 percent in the first quarter of 2026 over the previous quarter. Retail Sales MoM in New Zealand averaged 0.69 percent from 1995 until 2026, reaching an all time high of 27.50 percent in the third quarter of 2020 and a record low of -15.80 percent in the second quarter of 2020. This page provides - New Zealand Retail Sales MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Retail Sales QoQ - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.
Retail Sales in New Zealand increased 0.90 percent in the first quarter of 2026 over the previous quarter. Retail Sales MoM in New Zealand is expected to be 0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Retail Sales QoQ is projected to trend around 0.50 percent in 2027 and 0.40 percent in 2028, according to our econometric models.