Spending data from New Zealand
Retail up 1.1% on the month
– expected 0.6% m/m, prior -0.3%
– For the y/y, up 4.5%
Via Stats NZ:
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Spending rose in three of the six retail industries in April. The largest movements were:
New Zealand card spending (April): Retail +1.1% m/m (expected 0.6%) & Total +0.5% m/m
