Higher numbers than forecast tend to be bullish for NZD/xxx pairs and bearish for xxx/NZD pairs.
The most recent announced value for Retail Sales (QoQ) was 0.9% against a forecast of 0.6%.
Recent economic data has been strongly bullish for NZD. Other recent announcements which may affect the market's interpretation of the next Retail Sales (QoQ) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Exports | Bullish change | $6.61B | $7.59B | ||
Imports | Bullish change | $6.22B | $6.62B | ||
Trade Balance NZD (YoY) | Bullish change | $-6.63B | $-6.13B | ||
Consumer Price Index (QoQ) | Bullish change | 0.5% | 0.9% | ||
Consumer Price Index (YoY) | Bullish change | 2.2% | 2.5% | ||
Business NZ PSI | Bullish change | 49 | 49.1 |
Country: | New Zealand |
---|---|
Currency: | NZD |
Source: | Stats NZ |
Category: | Consumption |
Frequency: | Quarterly |