NZ retail sales data for Q2 a strong beat

New Zealand Retail Sales data (excl inflation) for Q2

Comes in at +1.1% q/q

• expected +0.3% q/q, prior +0.3%, revised from +0.1%

For the y/y, +3.1%

• previous was +3.0%

NZD has been marked up a few points above 0.6700