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HiFX Data Update - NZ Q4 Retail Sales Release

Published: Fri 23 Feb 2018 11:10 AM
HiFX Data Update - NZ Q4 Retail Sales Release
NZ Retail numbers for Q4 have just been released.
They came in better than expected:
Adjusted Retail Sales Volume (Q4) +1.7% (Consensus +1.4%)
Actual Q4 Retail Sales rose 5.4% compared with same quarter last year.
Q3 figures were revised higher to +0.3% from +0.2%.
Retail sales values were lifted by increases in food & beverage services and grocery sales.
The NZD is a little higher in immediate response.
Current indicative levels are:
NZD-USD 0.7330 / 0.7355
NZD-AUD 0.9345 / 0.9370
NZD-EUR 0.5940 / 0.5965
NZD-GBP 0.5245 / 0.5270
NZD-JPY 78.25 / 78.50
NZD-CAD 0.9315 / 0.9340
ends
HiFX
International Payments Expertly Done
HiFX is one of the largest foreign exchange and international payment specialists in the world, managing over $30 billion on behalf of over 100,000 clients worldwide every year.
Large enough to undertake the biggest transactions, yet small enough to care about each and every one – send and receive overseas payments and manage your account anytime, anywhere. HiFX gives you the flexibility you need to transfer money quickly and easily via a secure online platform 24 hours a day, seven days a week - making moving money as easy as 1,2,3.
HiFX Ltd ABN 54 106 779 953/ AFSL No 240914
Contact HiFX
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https://www.linkedin.com/company/hifx-new-zealand

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