Higher numbers than forecast tend to be bullish for NZD/xxx pairs and bearish for xxx/NZD pairs.
(A summary of the historic trading range after each event is not available for Retail Sales (QoQ). Please check the candle charts instead.)
The trading range of was pips following the most recent Retail Sales (QoQ).
The most recent announced value for Retail Sales (QoQ) was 0.9% against a forecast of 0.6%.
Recent economic data has been moderately bullish for NZD. Other recent announcements which may affect the market's interpretation of the next Retail Sales (QoQ) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Retail Sales ex Autos (QoQ) | Bullish change | -0.6% | 1.4% | ||
Exports | Bearish change | $6.67B | $6.19B | ||
Imports | Bullish change | $6.58B | $6.68B | ||
Trade Balance NZD (YoY) | Bullish change | $-7.8B | $-7.22B | ||
RBNZ Interest Rate Decision | Bearish change | 4.25% | 3.75% | ||
Producer Price Index - Output (QoQ) | Bearish change | 1.5% | -0.1% | ||
Business NZ PSI | Bullish change | 48.1 | 50.4 |
Country: | New Zealand |
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Currency: | NZD |
Source: | Stats NZ |
Category: | Consumption |
Frequency: | Quarterly |
The value of Retail Sales (QoQ) has been announced.
Forecast | Actual |