Retail sales Y-on-Y in New Zealand, March, 2020
For that indicator, we provide data for New Zealand from Q1 2018 to Q1 2020. The average value for New Zealand during that period was 3.16 percent with a minimum of 2.3 percent in Q1 2020 and a maximum of 4.5 percent in Q3 2019.
Click on the following link to see the values of Retail sales Y-on-Y
around the world.
* indicates monthly or quarterly data series
Source: Statistics New Zealand
Definition: The retail sales Y-on-Y is an aggregated measure of the sales of retail goods over a stated period. Because retail sales are a measure of consumer demand for finished goods, they are a leading macroeconomic indicator of the pulse of an economy and its projected path toward expansion or contraction.
Retail sales Y-on-Y is calculated as the percent change in the Retail sales index from the same month the previous year.
The Retail sales Y-on-Y measures only volume changes, i.e. price level changes are excluded.