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NZ data – Q3 retail sales +0.4% q/q (prior -2.3%)

Retail sales in New Zealand for Q3, which is July, August & September.

+0.4% q/q

+3.9% y/y

Comment via Stats NZ:

“With border restrictions lifting this year, a return of international visitors is likely to have helped boost hospitality spending, in addition to the bounceback seen in retail sales following last September quarter’s lockdown”

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