New Zealand - Card Spending for August - Retail +0.9% m/m (prior -0.2%)<p>Card spending data covers around 68% of core retail sales in NZ. Its used as the main retail sales indicator for the country.</p><p>Falling petrol (gasoline) prices were a negative input to the nominal value of retail sales in the month. </p><p>Electronic Card Retail Sales +0.9% m.m</p><ul><li>prior -0.2%</li><li>+ 26.9% y/y (prior -0.5%)</li></ul>
This article was written by Eamonn Sheridan at forexlive.com.
Source: New Zealand - Card Spending for August - Retail +0.9% m/m (prior -0.2%) (https://forexlive.com/news/new-zealand-card-spending-for-october-retail-09-mm-prior-02-20220908/https://forexlive.com/news/new-zealand-card-spending-for-october-retail-09-mm-prior-02-20220908/)
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