New Zealand Card spending for September

Retail +0.9% m/m

  • expected +0.4% m/m, prior was 0.4%
  • The y/y retail spend is up 6.1%

Total +0.7% m/m

  • prior was 0.1% m/m

Core retail spending (excludes vehicle-related industries) up 1.2% for September (prior was +1.0 percent in August)

-

Not usually an FX market mover; the NZD is barely changed.