New Zealand card retail sales +0.7% m/m in August
- prior +0.2%
+0.9% y/y
- prior +1.7%
NZD/USD is not doing a lot, maybe a tic or so lower. It rallied hard after the US CPI data locked in a September Federal Open Market Committee (FOMC) rate cut:
New Zealand card retail sales +0.7% m/m in August (prior +0.2%)
- Card spending data covers around 68% of core retail sales in NZ.
