New Zealand Retail Sales YoY  Forecast


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Retail Sales YoY in New Zealand is expected to be 4.72 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 3.99 in 12 months time. In the long-term, the New Zealand Retail Sales YoY is projected to trend around 3.53 percent in 2020, according to our econometric models.


New Zealand Consumer Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Consumer Confidence 112 112 112 112 111 111
Retail Sales MoM 2 1.08 0.87 0.71 0.68 0.57
Retail Sales YoY 5.4 4.72 4.54 4.14 3.99 3.53
Consumer Spending 36061 36495 36718 36864 37033 37675
Private Sector Credit 423468 424810 425887 426417 426640 425617
Bank Lending Rate 9.34 9.4 9.49 9.58 9.68 10.34
Households Debt To Income 168 168 168 168 168 166
Consumer Credit 248163 262683 266238 269628 272857 295222