New Zealand retail sales indicator, April: +0.9% y/y (prior -0.3%) & -0.2% m/m (prior 0%)

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.

NZD/USD barely moving:

ps., this posted yesterday if you are interested:

• RBNZ (ex) governor Orr resigned abruptly over government cuts to the Bank’s funding

This article was written by Eamonn Sheridan at www.forexlive.com.