New Zealand retail sales indicator, March: -1.6% y/y (prior -4.2) & -0.8% m/m (prior +0.3)

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.

NZD/USD little changed, around the high for the session so far circa 0.5837

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