New Zealand: Retail sales Y-on-Y

(measure: percent, source: Statistics New Zealand)
* indicates monthly or quarterly data series

Retail sales Y-on-Y in New Zealand, June, 2019: For that indicator, Statistics New Zealand provides data for New Zealand from Q3 1996 to Q2 2019. The average value for New Zealand during that period was 3.12 percent with a minumum of -8 percent in Q1 2009 and a maximum of 9.3 percent in Q1 2004. Click on the following link to see the values of Retail sales Y-on-Y around the world.
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Measure: percent
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.
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