New Zealand - Retail card spending (September): +1.9% m/m (expected +0.8%)

New Zealand - electronic card spending, Retail and total for September

Retail, +1.9% m/m (biggest jump since May of 2006)

• expected +0.8% m/m, prior -1.2%, revised from -0.4% ... and taking some shine off today's beat on expectations. The huge revision is due to an error in the August figures says Stats NZ.

Total +2.0% m/m

• prior -1.1%, revised from -0.8% m/m