New Zealand data – December card retail sales -2.5% m/m ((November was +0.3%)

January 17, 2023 by admin 0 Comments

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

New Zealand is heading towards a recession, with the Reserve Bank of New Zealand intent on hiking into it to combat still-strong inflation.

This article was originally published by Forexlive.com. Read the original article here.