New Zealand retail sales data (August) +0.2% m/m and -2.9% y/y

Card spending data covers around 68% of core retail sales in NZ.

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Card spending

Data for purchases made in New Zealand on debit, credit and store cards. 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.