Retail Sales ex Autos (QoQ)

The quarterly release of Retail Sales by the Statistics New Zealand directly reflects on the country’s consumer spending. Stronger sales could drive inflation higher, leading the Reserve Bank of New Zealand (RBNZ) to hike interest rates so as to maintain its inflation-containment mandate. Thus, the indicator impacts the New Zealand dollar significantly. A better-than-expected print tends to be NZD bullish. The data is published about a month and a half after the quarter ends.

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Most recent - Sunday 23 February 2025 21:45

Revised

-0.6%

Forecast

-

Actual

1.4%

Trading range

Forecast history

The most recent announced value for Retail Sales ex Autos (QoQ) was 1.4%.

Past events

Date

Forecast

Actual

Sunday 23 February 2025 21:45

-

1.4%

Sunday 24 November 2024 21:45

-

-0.8%

Thursday 22 August 2024 22:45

-

-1%

Wednesday 22 May 2024 22:45

-

0.4%

Thursday 22 February 2024 21:45

-

-1.7%

Thursday 23 November 2023 21:45

-1.5%

1%

Tuesday 22 August 2023 22:45

-2.5%

-1.8%

Tuesday 23 May 2023 22:45

-0.6%

-1.1%

Sunday 26 February 2023 21:45

1.7%

-1.3%

Thursday 24 November 2022 21:45

-3.3%

0.4%

Wednesday 24 August 2022 22:45

-

-1.6%

Monday 23 May 2022 22:45

-

0%

Economic context

Recent economic data has been moderately bullish for NZD. Other recent announcements which may affect the market's interpretation of the next Retail Sales ex Autos (QoQ) result:

		Previous	Latest
Retail Sales (QoQ)	Bullish change	0%	0.9%
Exports	Bearish change	$6.67B	$6.19B
Imports	Bullish change	$6.58B	$6.68B
Trade Balance NZD (YoY)	Bullish change	$-7.8B	$-7.22B
RBNZ Interest Rate Decision	Bearish change	4.25%	3.75%
Producer Price Index - Output (QoQ)	Bearish change	1.5%	-0.1%
Business NZ PSI	Bullish change	48.1	50.4

About Retail Sales ex Autos (QoQ)

Country:	New Zealand
Currency:	NZD
Source:	Stats NZ
Category:	Consumption
Frequency:	Quarterly

Related events

	Australia		Retail Sales s.a. (MoM)
	China		Retail Sales (YoY)
	Germany		Retail Sales (YoY)
	Eurozone		Retail Sales (YoY)
	New Zealand		Retail Sales (QoQ)
	United Kingdom		Retail Sales (MoM)
	United States		Michigan Consumer Sentiment Index
	United States		Retail Sales (MoM)
	United States		Retail Sales Control Group
	Australia		Westpac Consumer Confidence
	Australia		Retail Sales (QoQ)
	Canada		Retail Sales ex Autos (MoM)
	Canada		Retail Sales (MoM)
	Switzerland		Real Retail Sales (YoY)
	Germany		Retail Sales (MoM)
	Germany		Gfk Consumer Confidence Survey
	Eurozone		Consumer Confidence
	Eurozone		Retail Sales (MoM)
	Indonesia		Consumer Confidence
	Japan		Large Retailer Sales
	Japan		Retail Trade s.a (MoM)
	Japan		Retail Trade (YoY)
	New Zealand		ANZ – Roy Morgan Consumer Confidence
	New Zealand		Westpac Consumer Survey
	United Kingdom		BRC Like-For-Like Retail Sales (YoY)
	United Kingdom		Retail Sales ex-Fuel (MoM)
	United Kingdom		GfK Consumer Confidence
	United Kingdom		Retail Sales ex-Fuel (YoY)
	United Kingdom		Retail Sales (YoY)
	United States		Consumer Confidence
	United States		Retail Sales ex Autos (MoM)
	United States		UoM 5-year Consumer Inflation Expectation
	United States		Personal Consumption Expenditures Prices (QoQ)
	United States		Core Personal Consumption Expenditures (QoQ)
	United States		Personal Spending

Calendar - Retail Sales ex Autos (QoQ) - New Zealand