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New Zealand data - December card retail sales -2.5% m/m ((November was +0.3%)

New Zealand data - December card retail sales -2.5% m/m ((November was +0.3%)

Card spending data covers around 68% of core retail sales in NZ. Its used as the main retail sales indicator for the country.

New Zealand is heading towards a recession, with the Reserve Bank of New Zealand intent on hiking into it to combat still-strong inflation.

This article was written by Eamonn Sheridan at www.forexlive.com... Read More
Posted: Jan 17 2023, 21:49
Author Name: forexlive
Views: 111837

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