New Zealand's retail sales report showed better than expected figures in the first quarter of 2019, according to the latest data published by the Statistics New Zealand on early Wednesday.
Headline retail sales increased by 0.7% q/q in the quarter, beating estimates of a 0.0% figure and when compared to the fourth quarter retail sales increase of 1.7%.
Core retail sales gained 0.7%, missing estimates of +0.9% and down from a fourth quarter's 2.0% print.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.