NZ Q4 Retail Sales Report

NZ Retail Sales for Q4 have just been released.

They came in stronger than expected.

Real Retail Sales on quarter +1.7% (Consensus +0.5%)

Actual retail sales rose 3.5% versus the 12 months ago.

The NZD is higher in immediate response.

Current indicative levels are:

NZDUSD 0.6850 / 0.6870
NZDAUD 0.9600 / 0.9630
NZDEUR 0.6035 / 0.6065
NZDGBP 0.5235 / 0.5265
NZD-JPY 75.80 / 76.20

Please call for further information or pricing.

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