A beat for spending (but this data does not tend to have too much immediate impact on the FX)

Retail +1.2% m/m

  • expected +0.5%, prior +0.3%

Total +1.4% m/m

  • prior +0.4%

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Sales on electronic cards cover about 68% of core retail sales in New Zealand. 'Core' spending was +0.8% on the month in November