QoQ Change in Quarterly Retail Sales 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 quarter-over-quarter (QoQ) is an indicator that shows the change in retail sales in New Zealand compared to the previous quarter. This data is released quarterly by Statistics New Zealand and is crucial for assessing consumer spending trends.
The QoQ data helps to understand short-term trends in consumer purchasing behavior and the retail sector. If retail sales are increasing, it indicates a rise in consumer spending and economic expansion. Conversely, if retail sales are decreasing, it suggests a decline in consumer spending and potential economic stagnation.
This data serves as an essential reference for policymakers to evaluate consumer spending 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 | ||
