Retail sales · New Zealand
New Zealand Retail Sales QoQ
The New Zealand Retail Sales QoQ measures the value or volume of goods sold by shops and online retailers in New Zealand.
- Importance
- High
- Publié
- Quarterly
- Prochaine publication
- Devise
- NZD · New Zealand dollar
- Banque centrale
- The Reserve Bank of New Zealand
Derniers chiffres
La dernière publication, pour Q2, est parue le 2026-08-23 et s’est établie à -0.5%. C’est en dessous du consensus de 0.1%. C’est moins que 1.0% la fois précédente (révisé).
A weaker figure than expected points to slowing activity: the New Zealand dollar tends to soften and markets price in lower rates.
Sur les 7 dernières publications, la valeur est allée de -0.5% à 1.9%, avec une moyenne de 0.8%.
| Publié | Pour | Réel | Consensus | Précédent |
|---|---|---|---|---|
| 23 Aug 2026 | Q2 | -0.5% | 0.1% | 1.0% ® |
| 21 May 2026 | Q1 | 0.9% | 0.5% | 0.9% |
| 22 Feb 2026 | Q4 | 0.9% | 0.6% | 1.9% |
| 26 Nov 2025 | Q3 | 1.9% | 0.6% | 0.7% ® |
| 24 Aug 2025 | Q2 | 0.5% | 0.2% | 0.8% |
| 22 May 2025 | Q1 | 0.8% | 0.1% | 1% ® |
| 23 Feb 2025 | Q4 | 0.9% | 0.6% | 0% ® |
Pourquoi c’est important
Retail sales are the most timely measure of household spending, the largest part of the economy. Strong sales support growth and the New Zealand dollar; weak sales raise recession worries. In the US the "control group" (without autos, petrol, building materials and food services) feeds directly into GDP.
Mode de calcul
Stats NZ surveys retailers on their monthly sales; value figures include price changes, volume figures remove them. Seasonal adjustment removes holiday patterns.
Change (mom) = sales this month ÷ sales last month − 1Ce que signifient les variations
- Compare value and volume: rising value with falling volume is inflation, not stronger demand.
- Ex-autos and ex-fuel versions remove the most volatile parts.
- Revisions to the previous month can change the picture.
Supérieur aux attentes : A stronger figure than expected points to a healthier economy: it usually supports the New Zealand dollar and local stocks, and can push bond yields up.
Inférieur aux attentes : A weaker figure than expected points to slowing activity: the New Zealand dollar tends to soften and markets price in lower rates.
Un bref historique
The US Census Bureau has published monthly retail sales since the 1950s; most countries followed in the post-war decades.
New Zealand was the first country to adopt formal inflation targeting, in 1990.
Questions
What is the New Zealand Retail Sales QoQ?
The New Zealand Retail Sales QoQ measures the value or volume of goods sold by shops and online retailers in New Zealand.
What was the latest New Zealand Retail Sales QoQ?
-0.5% for Q2, published on 23 August 2026 (consensus 0.1%, previous 1.0%).
When is the next New Zealand Retail Sales QoQ?
On Sunday 22 November 2026 at 21:45 UTC.
Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.