New Zealand data ... Retail Sales ex Inflation for Q3
- expected +1.4% and prior was +0.1%
- Q3 actual retail sales +5.7% y/y (5.6% expected)
From Stats NZ:
Ten of the 15 retail industries had higher seasonally adjusted sales volumes. The largest industry movements were:
- motor-vehicle and parts retailing, up 5.0 percent
- electrical and electronic goods, up 6.6 percent
- food and beverage services, up 2.4 percent.
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Several NZ motor vehicle retailers report they are on track for a record sales year