NZ data – Q3 retail sales +0.4% q/q (prior -2.3%)

Retail sales in New Zealand for Q3, which is July, August & September.

+0.4% q/q

  • prior -2.3%

+3.9% y/y

  • prior -3.7%

Comment via Stats NZ:

“With border restrictions lifting this year, a return of international visitors is likely to have helped boost hospitality spending, in addition to the bounceback seen in retail sales following last September quarter’s lockdown”

This article was written by Eamonn Sheridan at forexlive.com.      



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