NZ Q4 Retail Sales (excl. inflation): +0.8% q/q (vs. expected +1.0%)

Author: Eamonn Sheridan | Category: News
  • Up 0.8% q/q, a miss on expected of +1.0%. The prior revised to +0.8%, from  +0.9%

  • For the y/y up 4.2%

From StatsNZ:
  • Eleven of the 15 industries had higher sales volumes this quarter
The largest increases in:
  • motor-vehicle and parts retailing - up 1.9 percent
  • pharmaceutical and other store-based retailing - up 2.5 percent
  • accommodation - up 3.5 percent
  • electrical and electronic goods - up 2.0 percent. 


;