FX.co ★ Retail Sales in New Zealand See a Recovery with 0.9% Growth in Q4 2024

Retail sales in New Zealand experienced a positive turnaround in the fourth quarter of 2024, showing a growth of 0.9%. This marks a significant improvement from the stagnant situation in the third quarter, where retail sales had plateaued at 0.0%, as updated data from February 23, 2025, reveals.

The quarter-over-quarter comparison highlights this recovery phase as New Zealand's retail sector manages to break free from previous stagnation. While previous figures showed no change, the latest data can be interpreted as a promising sign of growing consumer confidence and economic momentum as New Zealand continues to navigate its post-pandemic recovery.

This upswing may have broader implications for the country's economic outlook, as increased retail activity often signals a healthier economy. Analysts and stakeholders eagerly anticipate upcoming quarters to see if this upward trend persists, potentially contributing to sustained economic resilience in the nation.