New Zealand Card Spending for October; electronic card spending accounts for just under 70% for core retail sales in NZ.
As such it is used as the main indicator for retail sales activity
Retail +0.1% m/m
- expected +0.6% m/m, prior +1.1%
- for y/y, comes in at +6.2%
total is -0.1% m/m
- prior +1.3%
NZD/USD off a few tics, having opened the week a little lower compared to late Friday trade