NZ retail sales excluding inflation for Q1 2019: +0.7% q/q

New Zealand data, the q/q comes in at +0.7% for a beat

• expected 0.6%, prior 1.7%

For the y/y, comes in at +3.3%

• Q4 2018 was+3.5%

Very little kiwi dollar response.

more to come

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For background to this:

• New Zealand data coming up - what to watch in the retail sales data