New Zealand retail sales indicator for August +0.7% m/m (prior 0.0%)

<p>New Zealand electronic card retail sales for August 2023:</p><p>+0.7% m/m</p><ul><li>prior 0%</li></ul><p>+3.7% y/y</p><ul><li>prior +2.2%</li></ul><p>Card spending data covers around 68% of core retail sales in NZ. Its used as the main retail sales indicator for the country.</p><p>Other data from New Zealand today shows a record net migration gain. <a href="https://www.stats.govt.nz/news/record-net-migration-gain" target="_blank" rel="nofollow">More at Stats NZ. </a></p>

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