Retail Sales in New Zealand increased 2.30 percent in the first quarter of 2020 over the same quarter in the previous year.
Retail Sales YoY in New Zealand averaged 3.09 percent from 1996 until 2020, reaching an all time high of 9.30 percent in the first quarter of 2004 and a record low of -8 percent in the first quarter of 2009. This page provides - New Zealand Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Statistics New Zealand
Retail Sales YoY in New Zealand is expected to be -8.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in New Zealand to stand at 0.30 in 12 months time. In the long-term, the New Zealand Retail Sales YoY is projected to trend around 2.50 percent in 2021 and 4.00 percent in 2022, according to our econometric models.