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