HiFX Data Update - NZ Q3 Retail Sales Release

Monday, 26 November 2018, 11:37 am
Press Release: HiFX

NZ Retail Sales for Q3 have just been released.

They came in weaker than expected.

Real Retail Sales on Qtr +0.0% (Consensus +1.0%)

Actual retail sales rose 2.7% versus the 12 months ago.

The NZD is lower in immediate response.

Current indicative levels are:

NZDUSD 0.6750 / 0.6775
NZDAUD 0.9340 / 0.9365
NZDEUR 0.5950 / 0.5975
NZDGBP 0.5260 / 0.5285
NZD-PY 76.25 / 76.50

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