New Zealand Retail Sales ex Autos (QoQ) up to 0.4% in 1Q from previous -1.7%

May 23, 2024

New Zealand Retail Sales (QoQ) registered at 0.5% above expectations (-0.3%) in 1Q

New Zealand’s Retail Sales rise 0.5% QoQ in Q1 vs. -0.3% expected

New Zealand’s Retail Sales, a measure of the country’s consumer spending, rose 0.5% QoQ in the first quarter of 2024 from the previous reading of a 1.8% fall, according to the official data published by Statistics New Zealand on Thursday.