Tracks changes in New Zealand retail sales. As consumption contributes heavily to New Zealand 's GDP, a rising Retail Sales figure can be indicative of rising demand and subsequent inflation. While s trong economic growth is typically good for the New Zealand economy, uncontrolled growth and rising inflation may lead to instability and corrective action from New Zealand 's central bank. The headline numbers are the percentage change in Retail Trade from the previous month and the percentage change in Retail Trade from the previous quarter.

Relevance: Tends to move markets on release
Release Schedule : 22:45 (GMT); monthly/quarterly, 2 weeks after each reporting period, with a more in-depth report released every Quarter
Source of Report : Statistics New Zealand
Web Address : http://www.stats.govt.nz/default.htm
Address of Release http://www.stats.govt.nz/products-and-services/info-releases/rts-info-releases.htm
AKA: Retail Sales