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Retail spending was much weaker than expected in the December quarter, highlighting weak household spending appetites in the face of high inflation and high borrowing costs. December quarter real retail sales (volumes): -1.9% (Prev: -0.8%) Westpac f/c: -0.6%, Market: -0.2% December quarter nominal sales level: -1.5% (Prev: 0.8%) Annual changes (September 2023 vs September 2022) Nominal sales: […]

The post NZ First Impressions: Retail trade, December Quarter 2023 appeared first on Action Forex.

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