New Zealand data – December retail sales indicator +2% m/m and -1% y/y

New Zealand Card Retail Sales – for purchases made in New Zealand on debit, credit and store cards.

-1.0% y/y in December 2024

• prior was -2.3

For the m/m, +2.0%

• prior 0% (zero)

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Card spending data covers around 68% of core retail sales in NZ. Its used as the main retail sales indicator for the country.

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