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Retail Sales

This is the index of change in retail sales. Since consumption makes a large contribution to the GDP of New Zealand, a rising Retail Sales figure can be indicative of rising demand and subsequent inflation. Uncontrolled growth and rising inflation may lead to instability and corrective action from the country's central bank. It has a significant influence on the markets.

  • Release Frequency: monthly and quarterly.
  • Release Schedule: 22:45 GMT, two weeks after the reporting period.
  • Source: Statistics New Zealand.