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New Zealand Retail Sales QoQ

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New Zealand Retail Sales QoQ

Frequency

Delivery Method

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Status

 
Latest Release
Aug 13, 2017
Actual
2.0%
Forecast
0.7%
Previous
1.6%
Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity.

A higher than expected reading should be taken as positive/bullish for the NZD, while a lower than expected reading should be taken as negative/bearish for the NZD.
Importance:
Country:
Currency: NZD
Source: Statistics New Zealand
New Zealand Retail Sales QoQ
 
Release Date Time Actual Forecast Previous
Aug 14, 2017 (Q2) 00:45 2.0% 0.7% 1.6%
May 15, 2017 (Q1) 00:45 1.5% 1.1% 0.9%
Feb 16, 2017 (Q4) 23:45 0.8% 1.0% 0.8%
Nov 18, 2016 (Q3) 05:45 0.9% 0.9% 2.3%
Aug 12, 2016 (Q2) 00:45 2.3% 0.9% 0.8%
May 13, 2016 (Q1) 00:45 0.8% 1.0% 1.2%

News

N.Z. retail sales 1.5% vs. 1.1% forecast
N.Z. retail sales 1.5% vs. 1.1% forecast By Investing.com - May 15, 2017

Investing.com - Retail sales in New Zealand rose more-than-expected last month, official data showed on Sunday. In a report, Statistics New Zealand said that retail sales rose to 1.5%, from 0.6% ...

N.Z. retail sales 0.8% vs. 1.0% forecast
N.Z. retail sales 0.8% vs. 1.0% forecast By Investing.com - Feb 16, 2017

Investing.com - Retail sales in New Zealand rose less-than-expected last month, official data showed on Thursday. In a report, Statistics New Zealand said that retail sales rose to 0.8%, from 0.9%...

N.Z. retail sales 2.3% vs. 0.9% forecast
N.Z. retail sales 2.3% vs. 0.9% forecast By Investing.com - Aug 12, 2016

Investing.com - Retail sales in New Zealand rose more-than-expected last month, official data showed on Thursday. In a report, Statistics New Zealand said that retail sales rose to 2.3%, from 0.8%...

Analysis

Kathy Lien
Dollar U-Turns On Hawkish Yellen By Kathy Lien - Jun 15, 2017

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The Federal Reserve raised interest rates by 25bp Wednesday and Fed Chair Janet Yellen’s optimism plus hawkishness caught...

Kathy Lien
Dollar Extends Losses, Lives Or Dies On Trump By Kathy Lien - May 19, 2017

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The U.S. dollar came under heavy selling pressure this past week with the greenback breaking key support levels against the ...

Retail Sales (QoQ) Discussion

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