HiFX Data Update - Q1 Retail Sales Release

Monday, 15 May 2017, 11:11 am
Press Release: HiFX

NZ Retail Sales for Q1 numbers have just been released.

They came in better than expected:

Adjusted Retail Sales Volume (Q1) +1.5% (Consensus +1.0%)
Adjusted (Core) Retail Sales Value +2.6% (Consensus +1.8%)

Actual Q1 Retail Sales rose 4.6% compared with same quarter last year (4.4% forecast).

The NZD is a little higher in immediate response.

Current indicative levels are:

NZD-USD 0.6855 / 0.6880
NZD-AUD 0.9285 / 0.9310
NZD-EUR 0.6275 / 0.6300
NZD-GBP 0.5315 / 0.5340
NZD-JPY 77.70 / 77.95
NZD-CAD 0.9405 / 0.9430

ends

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