New Zealand Retail Sales (QoQ) above expectations (1.4%) in 4Q: Actual (12%)

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Feb 15, 2016

New Zealand Retail Sales (QoQ) below forecasts (1.4%) in 4Q: Actual (1.2%)

NZ retail sales rose 1.2% in Q4, below expectations

New Zealand retail sales grew by 1.2% in the fourth quarter 2015, against expectations of a 1.5% rise. This increase follows a rise of 1.5% in the September 2015 quarter. Sales rose by 4.4% to NZD 21.8 billion in the December 2015 quarter from a year ago.