Lower numbers than forecast tend to be bullish for xxx/NZD pairs and bearish for NZD/xxx pairs.
The most recent announced value for Retail Sales (QoQ) was -0.5% against a forecast of 0.1%.
Other recent announcements which may affect the market's interpretation of the next Retail Sales (QoQ) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Business NZ PMI | Bearish change | 54.3 | 53.1 | ||
| RBNZ Interest Rate Decision | Bullish change | 2.5% | 2.75% | ||
| Building Permits s.a. (MoM) | Bearish change | -3.7% | -4.3% |
| Country: | New Zealand |
|---|---|
| Currency: | NZD |
| Source: | Stats NZ |
| Category: | Consumption |
| Frequency: | Quarterly |