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New Zealand Card Sales for June -0.6% m/m (prior -1.2%)

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.

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