New Zealand data - May card spending (retail) -0.5% m/m (expected +0.5%)

Author: Eamonn Sheridan | Category: News

A big miss for this, which is an indicator to core retail sales 

retail card spending -0.5% m/m
  • expected +0.5%, prior +0.6%
total +0.2%
  • prior +0.4%
Kiwi $ a few tics lower after the data. 

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