Challenges
Retail Sales ex Autos (QoQ)
Most recent - Tuesday 22 August 2023 22:45
Higher numbers than forecast tend to be bullish for NZD/xxx pairs and bearish for xxx/NZD pairs.
Next event - Tuesday 21 November 2023 21:45
The typical/expected impact on NZD pairs is medium.
There is no forecast value for Retail Sales ex Autos (QoQ) yet - check back for updates.
Trading range
Forecast history
The most recent announced value for Retail Sales ex Autos (QoQ) was -1.8% against a forecast of -2.5%.
Past events
Economic context
Recent economic data has been moderately bearish for NZD. Other recent announcements which may affect the market's interpretation of the next Retail Sales ex Autos (QoQ) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Exports | Bearish change | $5.38B | $4.99B | ||
| Imports | Bullish change | $6.55B | $7.28B | ||
| Trade Balance NZD (YoY) | Bullish change | $-15.88B | $-15.54B | ||
| Westpac Consumer Survey | Bearish change | 83.1 | 80.2 | ||
| Gross Domestic Product (QoQ) | Bullish change | 0% | 0.9% | ||
| Gross Domestic Product (YoY) | Bearish change | 2.2% | 1.8% | ||
| Business NZ PSI | Bearish change | 48 | 47.1 | ||
| Business NZ PMI | Bearish change | 46.6 | 46.1 |
About Retail Sales ex Autos (QoQ)
| Country: | New Zealand |
|---|---|
| Currency: | NZD |
| Source: | Stats NZ |
| Category: | Consumption |
| Frequency: | Quarterly |