HomeLive CommentsNew Zealand retail sales rose 28% qoq in Q3

New Zealand retail sales rose 28% qoq in Q3

ActionForex
By ActionForex

New Zealand retail sales rose 28.0% qoq in Q3 while ex-auto sales rose 24.1% qoq. Comparing to Q3 2019, total volume of retail sales rose 8.3% yoy. However, for the 12-month period from October 2019 to September 202, total retail sales value was still down -0.2%.

“A strong September quarter has contributed to the year-ended sales coming in just shy of last year’s value,” retail statistics manager Sue Chapman said.

Full release here.

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