Retail sales Y-on-Y in New Zealand, Q1 2018 - Q3 2021:
For that indicator, we provide data for New Zealand from Q1 2018 to Q3 2021. The average value for New Zealand during that period was 4.11 percent with a minimum of -14.2 percent in Q2 2020 and a maximum of 33.3 percent in Q2 2021.
Click on the following link to see the values of Retail sales Y-on-Y
around the world.
Longer historical series
* 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.