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NZ Q2 Retail Sales Release
NZ Retail Sales for Q2 numbers have just been released.
They came in stronger than expected.
Adjusted Retail Sales on
Qtr
1.1%(Consensus +0.4%)
Actual retail sales rose 3.1% versus the results from 12 months ago.
Q1 Retail Sales were revised higher to +0.3% from +0.1%.
The NZD is higher in immediate response.
Current indicative levels are:
NZDUSD 0.6700 / 0.6725
NZDAUD
0.9115 / 0.9140
NZDEUR 0.5790 / 0.5815
NZDGBP
0.5190 / 0.52215
NZD-PY 73.80 /
74.05
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