New Zealand data - September Card retail sales -0.8% m/m (prior +0.7%)

New Zealand Electronic Retail Card Spending for September 2023

-0.8% m/m

• prior +0.7%

+1.6% y/y

• prior +3.7%

Card spending data covers around 68% of core retail sales in NZ. Its used as the main retail sales indicator for the country.

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Earlier:

• New Zealand September Manufacturing PMI 45.3 vs. prior 46.1