Higher numbers than forecast tend to be bullish for NZD/xxx pairs and bearish for xxx/NZD pairs.
The most recent announced value for Retail Sales (QoQ) was 0.9% against a forecast of 0.6%.
Other recent announcements which may affect the market's interpretation of the next Retail Sales (QoQ) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Building Permits s.a. (MoM) | Bearish change | 2.8% | -1.3% | ||
| Consumer Price Index (QoQ) | Bullish change | 0.6% | 0.9% | ||
| Consumer Price Index (YoY) | (no change) | 3.1% | 3.1% |
| Country: | New Zealand |
|---|---|
| Currency: | NZD |
| Source: | Stats NZ |
| Category: | Consumption |
| Frequency: | Quarterly |