New Zealand data: January retail sales bounce back from December slump

Data for purchases made in New Zealand on debit, credit and store cards. Card spending data covers around 68% of core retail sales in NZ. Its used as the main retail sales indicator for the country.

We also had the FPI:

• New Zealand data: January Food price index +0.9% m/m (vs. prior -0.1%)

NZD/USD is not a lot changed after the data. It dropped overnight on the much higher than expected CPI data out of the US:

• Forexlive Americas FX news wrap: Hot CPI sends a cold shudder through the market