> NZ data beat - Wholesale sales up 1.7% q/q (vs. expected +1.5%)

NZ data beat - Wholesale sales up 1.7% q/q (vs. expected +1.5%)

Monday, 05/09/2016 | 23:01 GMT

And up 4% y/y

The wholesale sales data is an input to the GDP (due September 15 in New Zealand)

Expectations were around +1.5%, so at +1.7% it's a beat and points to a stronger GDp

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