New Zealand Card Spending for June: Retail +0.0% m/m (vs. expected 0.7%)

This is the main measure of retail sales in New Zealand (covers just under 70% of core retail sales in NZ)

Card Spending Retail 0.0% m/m change

• expected 0.7% m/m , prior -0.5%
• for the y/y, +1.1%

Card Spending Total +0.1%

• prior 0.2% m/m