NZ Q2 Retail Sales Release

Wednesday, 22 August 2018, 11:42 am
Press Release: HiFX

NZ Retail Sales for Q2 numbers have just been released.

They came in stronger than expected.

Adjusted Retail Sales on Qtr
1.1%(Consensus +0.4%)

Actual retail sales rose 3.1% versus the results from 12 months ago.

Q1 Retail Sales were revised higher to +0.3% from +0.1%.

The NZD is higher in immediate response.

Current indicative levels are:

NZDUSD 0.6700 / 0.6725
NZDAUD 0.9115 / 0.9140
NZDEUR 0.5790 / 0.5815
NZDGBP 0.5190 / 0.52215
NZD-PY 73.80 / 74.05

Advertisement - scroll to continue reading

Find more from HiFX on InfoPages.

Business Headlines | Sci-Tech Headlines

BUSINESS, SCIENCE & TECH

Vegetables New Zealand: Asparagus Season In Full Flight: Get It While You Still Can

‘Asparagus is plentiful and very keenly priced, as we near the end of the season,’ says Vegetables NZ Board member and Levin asparagus grower, Cam Lewis.

Bill Bennett: Download Weekly - How would NZ telecoms cope with another cyclone

Would the telecommunications sector fare better if there was another extreme weather event like Cyclone Gabrielle? The Download Weekly put the questions to TCF CEO Paul Brislen.

NZ On Air: Firm Audience Favourites Lead NZ On Air Non-Fiction Funding

Just over $11.5m in funding has been committed to 20 local Non-Fiction projects, three-quarters of those being returning series with a strong audience.

Insurance and Financial Services Ombudsman: Woman Gets $40k More After Disputing Insurer’s Decision

This case shows just how important having reliable, expert evidence is when something like the scope of works is disputed.

BNZ: A Quarter Of Older NZers Fear Going Online Due To Scam Concerns

Up from 13% three years ago, the growing hesitancy among over-65's raises concerns about digital exclusion in an increasingly online world.

University of Auckland: Scientists Develop Tool To Monitor Coastal Erosion In Fine Detail

“This tool is a game-changer for anyone involved in coastal science or management,” says Professor Giovanni Coco, of the School of Environment. “Online beach monitoring for the whole of New Zealand is now a reality.”

Join Scoop Pro

Submit News

Become a Member