New Zealand retail sales for Q4 -1.9% versus -0.2% expected

• Prior quarter 0.0%
• retail sales volume QoQ -1.9% versus -0.2% expected
• Retail Quarterly YoY -4.1% versus -3.4% last

Much weaker than expectations.

The NZDUSD dipped to 0.6190 but has bounced back higher.