Retail sales in the third quarter in New Zealand were expected to fall, and while they have its not by as much as was respected.
-0.1% q/q
- expected -0.5%, prior -1.2%
- For the y/y, -2.5% (prior -3.6%)
Trade data for October was also published:
Later this week we'll get another cash rate cut from the Reserve Bank of New Zealand:
