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New Zealand Retail Sales Quarterly YoY
Latest Release
Nov 24, 2024
Actual-2.5%
Previous-3.6%
Retail sales data represents total consumer purchase from retail stores. It provides valuable information about consumer spending which makes up the consumption part of GDP. The most volatile components like autos, gas prices andfood prices are often removed from the report to show more underlying demand patterns as changes in sales in these categories are frequently a result of price changes. It is not adjusted for inflation. Spending on services is not included. Rising retail sales indicate stronger economic growth. However, if theincrease is larger than forecast, it may be inflationary.
| Release Date | Time | Actual | Forecast | Previous | |
|---|---|---|---|---|---|
| Nov 25, 2024 (Q3) | 08:45 | -2.5% | -3.6% | ||
| Aug 23, 2024 (Q2) | 09:45 | -3.6% | -2.4% | ||
| May 23, 2024 (Q1) | 09:45 | -2.4% | -4.1% | ||
| Feb 23, 2024 (Q4) | 08:45 | -4.1% | -3.4% | ||
| Nov 24, 2023 (Q3) | 08:45 | -3.4% | -3.5% | ||
| Aug 23, 2023 (Q2) | 09:45 | -3.5% | 3.1% | -4.1% |
Analysis
FX And The Possibility Of Thanksgiving Breakouts
By Kathy Lien - Nov 27, 2019
Kathy Lien is Managing Director of FX Strategy for BK Asset ManagementIt is a holiday week here in the United States and yesterday’s muted moves had investors looking forward to a quiet rest of...
Retail Sales Quarterly Vs. Year Ago Discussion
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