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 | ||||
|---|---|---|---|---|---|
| Building Permits s.a. (MoM) | Bullish change | -4.5% | 5.6% | ||
| Westpac Consumer Survey | Bullish change | 80.4 | 89.5 |
| Country: | New Zealand |
|---|---|
| Currency: | NZD |
| Source: | Stats NZ |
| Category: | Consumption |
| Frequency: | Quarterly |