NZ data - Q4 retail sales (excl inflation) +1.7% q/q (expected 0.5%)

New Zealand data, seeing a bit of a jump for the Kiwi

NZ data - Q4 retail sales (excl inflation) +1.7% q/q (highest since Q1 of 2017)

• expected 0.5%, prior 0.3%, revised from 0.0%

For the y/y, comes in at +3.5%

Well, that is a nice result …

Note the data is 'seasonally adjusted' … yep a good number.