Statistics New Zealand announced the New Zealand first quarter retail sales year-on-year on 2025-05-22. The reported figure stands at 0.7%, with the prior figure recorded as 0.2%.
Regarding the New Zealand first quarter retail sales year-on-year, Actual value > Forecast value = Positive for New Zealand Dollar, Retail data plays an important guiding role in determining a country's economic status and prospects, as retail sales directly reflect the changes in consumer spending. In developed Western countries, consumer spending usually accounts for more than half of the national economy, and in countries like the United States and the United Kingdom, this proportion can reach two-thirds. An increase in a country's retail sales indicates an increase in consumer spending, an improvement in economic conditions, and interest rates may be raised, which is favorable for the currency; conversely, if retail sales decline, it indicates a slowdown or poor economic conditions, and interest rates may be lowered, which is likely to be unfavorable for the country's currency.
This data holds an importance level of , calculated using Statistics on the changes in the retail sales industry over a month, and updates monthly.
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1H | 24H | 7D | 30D | 1Y |
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0.37% | 6.56% | 15.95% | 111.5% | -- |