NZ data, generally not much of an NZD mover - and that hold again today.

Retail -0.2% m/m

  • vs. expected +0.5% & prior -0.5%
  • "This is the fourth consecutive monthly fall in retail card spending, which is mainly influenced by lower fuel prices over recent months," retail manager Sue Chapman said. "All the six retail industries showed only small changes, with movements less than $5 million compared with July."

Core retail spending (excludes the vehicle-related industries) -0.2%

  • Prior 0.0% (unchanged)

Total +0.6% m/m

  • vs. prior -0.7%
  • 'Total' includes the two non-retail industries (services, and other non-retail)