New Zealand data – Q2 Retail Sales +0.5% q/q (vs. expected +0.2%) | investingLive

April – June 2025 retail sales data from NZ.

New Zealand Retail Sales +2.3% y/y

• prior +0.7%

Retail Sales Volumes +0.5% q/q

• prior +0.8%

Via the Stats NZ report, in brief:

• “Retail activity recorded a modest increase in the June quarter, with growth seen in most industries”
• Eight of the 15 retail industries had higher retail sales volumes in the June 2025 quarter compared with the March 2025 quarter, after adjusting for price and seasonal effects.

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The data release has barely moved NZD/USD, its around 0.5864.