Retail sales in New Zealand rose 0.9% qoq in Q4 2025, slowing from 1.9% in the previous quarter but surpassing market expectations of 0.6%. The latest result marked the fifth consecutive quarter, with figures adjusted for inflation and seasonal effects. Growth was broad-based, with 12 of the 15 retail industries logging higher sales volumes, notably pharmaceutical and other store-based retailing (5.2%), electrical and electronic goods (2.2%), and hardware, building, and garden supplies (2.2%). Regionally, sales grew in both the South Island (2.3%) and the North Island (1.5%). On an annual basis, retail turnover increased 4.4%, after a 4.5% growth in Q3, pointing to the fifth straight quarter of gain. source: Statistics New Zealand

Retail Sales in New Zealand increased 0.90 percent in the fourth quarter of 2025 over the previous quarter. Retail Sales MoM in New Zealand averaged 0.69 percent from 1995 until 2025, 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 March of 2026.

Retail Sales in New Zealand increased 0.90 percent in the fourth quarter of 2025 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 0.70 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-11-26 09:45 PM
Retail Sales QoQ
Q3 1.9% 0.7% 0.6% 0.6%
2026-02-22 09:45 PM
Retail Sales QoQ
Q4 0.9% 1.9% 0.6% 1.0%
2026-05-21 10:45 PM
Retail Sales QoQ
Q1 0.9% 0.4%


Related Last Previous Unit Reference
Consumer Spending 45596.00 45537.00 NZD Million Sep 2025
Electronic Retail Card Spending YoY 6907.00 6985.00 NZD Million Jan 2026
Retail Sales 0.90 1.90 percent Dec 2025
Retail Sales YoY 4.40 4.50 percent Dec 2025


New Zealand Retail Sales QoQ
In New Zealand, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In New Zealand, Retail sales are seasonal, volatile and relatively important to the overall economy.
Actual Previous Highest Lowest Dates Unit Frequency
0.90 1.90 27.50 -15.80 1995 - 2025 percent Quarterly
Constant Prices, SA

News Stream
New Zealand Q4 Retail Sales Growth Beats Estimates
Retail sales in New Zealand rose 0.9% qoq in Q4 2025, slowing from 1.9% in the previous quarter but surpassing market expectations of 0.6%. The latest result marked the fifth consecutive quarter, with figures adjusted for inflation and seasonal effects. Growth was broad-based, with 12 of the 15 retail industries logging higher sales volumes, notably pharmaceutical and other store-based retailing (5.2%), electrical and electronic goods (2.2%), and hardware, building, and garden supplies (2.2%). Regionally, sales grew in both the South Island (2.3%) and the North Island (1.5%). On an annual basis, retail turnover increased 4.4%, after a 4.5% growth in Q3, pointing to the fifth straight quarter of gain.
2026-02-22
New Zealand Retail Sales Way Above Expectations in Q3
Retail sales in New Zealand rose 1.9% quarter-on-quarter in the three months to September 2025, rising from a 0.5% increase in the June quarter but exceeding market expectations of a 0.6% gain. Adjusted for price and seasonal effects, 8 of the 15 retail industries recorded higher sales volumes compared with the June 2025 quarter. The largest contributions came from electrical and electronic goods, which jumped 9.8%, followed by motor vehicle and parts retailing at 7.2%, and food and beverage services at 1.6%. On the other hand, supermarket and grocery stores, clothing, footwear and personal accessories, and fuel retailing posted the sharpest declines. From a regional perspective, retail sales in the South Island increased by 1.7%, while sales in the North Island increased by 1.4%. On an annual basis, total retail sales climbed 4.5% in Q3, accelerating from the 2.3% gain recorded in Q2.
2025-11-26
New Zealand Retail Sales Above Forecasts in Q2
Retail sales in New Zealand rose 0.5% quarter-on-quarter in the three months to June 2025, easing from a 0.8% increase in the first quarter but exceeding market expectations of a 0.2% gain. Adjusted for price and seasonal effects, 8 of the 15 retail industries recorded higher sales volumes compared with the March 2025 quarter. The largest contributions came from electrical and electronic goods, which jumped 4.6%, followed by supermarkets and grocery stores at 1.3%, and pharmaceutical retailing at 1.2%. On the other hand, clothing, footwear and personal accessories, accommodation, and fuel retailing posted the sharpest declines. From a regional perspective, retail sales in the South Island increased by 0.2%, while sales in the North Island fell 0.3%. On an annual basis, total retail sales climbed 2.3% in Q2, marking a notable acceleration from the 0.7% gain recorded in Q1.
2025-08-24