NZ retail sales surprise to the upside

FXStreet (Bali) - New Zealand retail sales ex autos (core) (QoQ) (Q2) came at +1.2% vs +0.8% last, with retail sales (QoQ) (Q2) at +1% vs +0.7% last.

Key facts

For the June 2014 quarter, compared with the March 2014 quarter (seasonally adjusted):

The total volume of retail sales rose 1.2 percent. Eleven of the 15 industries had higher sales volumes. Motor-vehicle and parts retailing recorded the largest volume increase, up 3.6 percent. The total value of retail sales rose 1.0 percent.