Monday , 25 November 2024
Home Forex New Zealand Q3 retail sales -0.1% q/q (expected -0.5%)
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New Zealand Q3 retail sales -0.1% q/q (expected -0.5%)

Retail sales in the third quarter in New Zealand were expected to fall, and while they have its not by as much as was respected.

-0.1% q/q

  • expected -0.5%, prior -1.2%
  • For the y/y, -2.5% (prior -3.6%)

Trade data for October was also published:

Later this week we’ll get another cash rate cut from the Reserve Bank of New Zealand:

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

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