Select Language

New Zealand's Retail Sales climb 0.5% QoQ in Q2 vs. 0.2% expected

Breaking news

New Zealand's Retail Sales climb 0.5% QoQ in Q2 vs. 0.2% expected

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
update 2025.08.25 07:47
New Zealand's Retail Sales climb 0.5% QoQ in Q2 vs. 0.2% expected

update 2025.08.25 07:47

New Zealand's Retail Sales, a measure of the country's consumer spending, climbed 0.5% QoQ in the second quarter (Q2) of 2025 from the previous reading of 0.8%, according to the official data published by Statistics New Zealand on Monday. This figure came in above the market consensus of 0.2%.


New Zealand Dollar FAQs

The New Zealand Dollar (NZD), also known as the Kiwi, is a well-known traded currency among investors. Its value is broadly determined by the health of the New Zealand economy and the country's central bank policy. Still, there are some unique particularities that also can make NZD move. The performance of the Chinese economy tends to move the Kiwi because China is New Zealand's biggest trading partner. Bad news for the Chinese economy likely means less New Zealand exports to the country, hitting the economy and thus its currency. Another factor moving NZD is dairy prices as the dairy industry is New Zealand's main export. High dairy prices boost export income, contributing positively to the economy and thus to the NZD.

The Reserve Bank of New Zealand (RBNZ) aims to achieve and maintain an inflation rate between 1% and 3% over the medium term, with a focus to keep it near the 2% mid-point. To this end, the bank sets an appropriate level of interest rates. When inflation is too high, the RBNZ will increase interest rates to cool the economy, but the move will also make bond yields higher, increasing investors' appeal to invest in the country and thus boosting NZD. On the contrary, lower interest rates tend to weaken NZD. The so-called rate differential, or how rates in New Zealand are or are expected to be compared to the ones set by the US Federal Reserve, can also play a key role in moving the NZD/USD pair.

Macroeconomic data releases in New Zealand are key to assess the state of the economy and can impact the New Zealand Dollar's (NZD) valuation. A strong economy, based on high economic growth, low unemployment and high confidence is good for NZD. High economic growth attracts foreign investment and may encourage the Reserve Bank of New Zealand to increase interest rates, if this economic strength comes together with elevated inflation. Conversely, if economic data is weak, NZD is likely to depreciate.

The New Zealand Dollar (NZD) tends to strengthen during risk-on periods, or when investors perceive that broader market risks are low and are optimistic about growth. This tends to lead to a more favorable outlook for commodities and so-called 'commodity currencies' such as the Kiwi. Conversely, NZD tends to weaken at times of market turbulence or economic uncertainty as investors tend to sell higher-risk assets and flee to the more-stable safe havens.


Date

Created

 : 2025.08.25

Update

Last updated

 : 2025.08.25

Related articles


Show more

FXStreet

Financial media

arrow
FXStreet

FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.

Was this article helpful?

We hope you find this article useful. Any comments or suggestions will be greatly appreciated.  
We are also looking for writers with extensive experience in forex and crypto to join us.

please contact us at [email protected].

Thank you for your feedback.
Thank you for your feedback.

Most viewed

Gold trims post-Fed losses, consolidates below record highs

Gold (XAU/USD) stabilizes on Thursday after a sharp reversal following the Federal Reserve's (Fed) interest rate decision.
New
update2025.09.18 21:44

Silver price today: Silver rises, according to FXStreet data

Silver prices (XAG/USD) rose on Thursday, according to FXStreet data.
New
update2025.09.18 18:30

Donald Trump says the US is so strong it can just make other countries do things

United States (US) President Donald Trump declared on Thursday that the US is so strong it can just "get people to do things". Trump was speaking to reporters aboard Air Force One.
New
update2025.09.18 18:25

Silver Price Forecast: XAG/USD steadies above $41.50

Silver (XAG/USD) trims earlier intraday losses on Thursday, recovering from a five-day low marked on Wednesday in the aftermath of the Federal Reserve's (Fed) interest rate cut decision. At the time of writing, the white metal is trading near $41.81, rebounding from an intraday trough of $41.20.
New
update2025.09.18 18:20

Gold declines after strong US data offsets Fed rate cut

Gold Price retreats during the North American session and is down 0.39% in the aftermath of the Federal Reserve's (Fed) rate cut decision on Wednesday and better than expected Initial Jobs Claims data. At the time of writing, XAU/USD trades at $3,643 after hitting a daily high of $3,673.
New
update2025.09.18 17:53

Forex Today: No changes expected from the BoJ

The US Dollar (USD) clocked marked gains on Thursday, as market participants parsed Wednesday's rate cut by the Federal Reserve and the cautious message from Chair Powell at his subsequent press conference.
New
update2025.09.18 17:47

USD/CHF bounces from 14-year lows after Fed rate cut

The Swiss Franc (CHF) weakens against the US Dollar (USD) for a second consecutive day on Thursday, with USD/CHF extending its recovery after a volatile midweek reaction to the Federal Reserve's (Fed) interest rate decision.
New
update2025.09.18 17:46

Dow Jones Industrial Average leaks higher as rate cut bolsters tech

The Dow Jones Industrial Average (DJIA) rose on renewed bullish sentiment across broader markets on Thursday, bolstered by the Federal Reserve's (Fed) decision to cut interest rates for the first time in nine months.
New
update2025.09.18 17:09

GBP/USD falls to 1.3550 as BoE holds rates, trims QT

The British Pound reversed its course, drops over 0.51% following the Bank of England's decision to hold rates unchanged, after the Fed began its 2025 easing cycle. The GBP/USD trades at 1.3551 after hitting a daily high of 1.3660.
New
update2025.09.18 15:39

Euro weakens for second day, Greenback rebounds on Fed guidance and strong US data

The Euro (EUR) trades on the back foot against the US Dollar (USD) on Thursday, with EUR/USD extending its decline for the second straight day as renewed Greenback strength weighs on the pair.
New
update2025.09.18 15:23

Disclaimer:arw

All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.

The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.

  • Facebook
  • Twitter
  • LINE

Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy

I agree
share
Share
Cancel