New Zealand retail sales indicator +1.4% m/m (prior +1%) & +28.6% y/y (prior +26.9%)

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New Zealand retail sales indicator +1.4% m/m (prior +1%) & +28.6% y/y (prior +26.9%)

<p>Electronic card transactions data for September 2022. </p><p>Sales on electronic cards cover about 68% of core retail sales in New Zealand. This is the main indicator for retail sales in NZ.</p><p>-</p><p>Earlier post on resilient demand in NZ:</p><ul><li><a href="https://www.forexlive.com/news/new-zealand-traffic-data-points-to-some-upside-risk-to-q3-gdp-demand-resilient-20221010/" target="_blank" data-article-link="true">New Zealand traffic data points to some upside risk to Q3 GDP - demand resilient</a></li></ul><p>NZD/USD still little changed:</p>

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

Source: New Zealand retail sales indicator +1.4% m/m (prior +1%) & +28.6% y/y (prior +26.9%)

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