QoQ Change in Quarterly Retail Sales Index in New Zealand
New Zealand| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The quarterly retail sales index quarter-over-quarter (QoQ) measures the change in the retail sales index in New Zealand compared to the previous quarter. This data is released quarterly by Statistics New Zealand and is crucial for assessing trends in the retail sector.
The QoQ data helps to understand short-term trends in the retail sector. If the retail sales index is increasing, it indicates a rise in consumer purchasing enthusiasm and economic expansion. Conversely, if the retail sales index is decreasing, it suggests a decline in consumer purchasing enthusiasm and potential economic stagnation.
This data serves as a critical reference for policymakers to evaluate retail sector trends and formulate appropriate economic policies. Additionally, it provides valuable insights for businesses and investors to understand retail sector trends and make economic forecasts.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
