The total volume of retail sales in New Zealand was down a seasonally adjusted 2.3 percent on quarter in the second quarter of 2022, Statistics New Zealand said on Thursday - after slipping 0.5 percent in the three months prior.
Among the individual components, motor vehicle and parts retailing were down 5.8 percent on quarter; electrical and electronic goods retailing were down 6.1 percent; supermarket and grocery stores were down 2.9 percent; hardware, building, and garden supplies were down 5.3 percent; and food and beverage services were up 3.3 percent.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.