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NZ retail sales volume down -1.0% qoq in Q2, value down -0.2% qoq

NZ retail sales volume down -1.0% qoq in Q2, value down -0.2% qoq
New Zealand’s retail sales volume for Q2 plummeted by -1.0% qoq, settling at NZD 25B. This decline starkly contrasts with market forecasts which had anticipated a milder contraction of just -0.2% qoq. A broad-based slump was evident, as 11 out of 15 industries reported reduced seasonally adjusted sales volumes. Highlighting the sectors that bore the […] The post NZ retail sales volume down -1.0% qoq in Q2, value down -0.2% qoq appeared first on Action Forex... Read More
Posted: Aug 23 2023, 03:31
Author Name: actionforex
Views: 092159

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