HomeNews listOBJECTIVE PRESSNZ data – Q3 retail sales +0.4% q/q (prior -2.3%)

NZ data – Q3 retail sales +0.4% q/q (prior -2.3%)

  • November 24, 2022
  • Posted by: AliensFaith
  • Category: OBJECTIVE PRESS
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Retail sales in New Zealand for Q3, which is July, August & September.

+0.4% q/q

  • prior -2.3%

+3.9% y/y

  • prior -3.7%

Comment via Stats NZ:

“With border restrictions lifting this year, a return of international visitors is likely to have helped boost hospitality spending, in addition to the bounceback seen in retail sales following last September quarter’s lockdown”

This article was written by Eamonn Sheridan at forexlive.com.      



Author: AliensFaith
HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

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