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New Zealand Retail Sales +0.5% in March Quarter

NEW ZEALAND
MNI (Singapore)
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For the March 2024 quarter compared with the December 2023 quarter, unless otherwise stated:

  • total volume of seasonally adjusted retail sales was $25 billion, up 0.5 percent
  • total value of seasonally adjusted retail sales was $30 billion, up 0.7 percent ($197 million)
  • 13 of the 16 regions had higher seasonally adjusted sales values
  • total value of actual retail sales was $30 billion, up 0.6 percent ($193 million), compared with the March 2023 quarter
  • total value of actual stock as at 31 March 2024 was $9.4 billion, down 3.7 percent ($357 million) compared with 31 March 2023.
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For the March 2024 quarter compared with the December 2023 quarter, unless otherwise stated:

  • total volume of seasonally adjusted retail sales was $25 billion, up 0.5 percent
  • total value of seasonally adjusted retail sales was $30 billion, up 0.7 percent ($197 million)
  • 13 of the 16 regions had higher seasonally adjusted sales values
  • total value of actual retail sales was $30 billion, up 0.6 percent ($193 million), compared with the March 2023 quarter
  • total value of actual stock as at 31 March 2024 was $9.4 billion, down 3.7 percent ($357 million) compared with 31 March 2023.