A light one for the data agenda ahead in Asia.
2245 GMT New Zealand Card Spending for July
- Card Spending Retail expected +0.5% m/m , prior 0.0% (while the prior was flat, core spending rose, the expected today's data is for that +0.5% which will, in part, reflect rising petrol prices over June).
- Card Spending Total prior +0.1% m/m
This is the main measure of retail sales in New Zealand (covers just under 70% of core retail sales in NZ).
