Data for purchases made in New Zealand on debit, credit and store cards.
Card spending data covers around 68% of core retail sales in NZ. Its used as the main retail sales indicator for the country.
More poor data from NZ, closely following the freefallin’ PMI:
New Zealand June Manufacturing PMI 41.1 (prior 47.2)
This article was written by Eamonn Sheridan at www.forexlive.com.