New Zealand's retail sales year-on-year in the second quarter

Statistics New Zealand announced the New Zealand's retail sales year-on-year in the second quarter on 2025-08-24. with the prior figure recorded as 0.7%.

Regarding the New Zealand's retail sales year-on-year in the second quarter, Actual value > Forecast value = Bullish for NZD, Retail data plays an important guiding role in determining a country's economic status and prospects, as retail sales directly reflect changes in consumer spending. In developed Western countries, consumer spending usually accounts for more than half of the national economy; in countries like the United States and the United Kingdom, this proportion can reach two-thirds. An increase in a country's retail sales represents an increase in consumer spending, indicating an improvement in economic conditions, which may lead to higher interest rates favorable to the currency. Conversely, if retail sales decline, it indicates a slowdown or poor economic conditions, and interest rates may be lowered, which would be unfavorable for the country's currency.

This data holds an importance level of , calculated using Statistical changes in the retail sales industry over a month, and updates every month.

This content is AI-generated.Please verify before use.

Disclaimer: The Crypto Calendar is for informational purposes only and doesn’t reflect Gate.com’s views or serve as financial advice.