Breaking News

New Zealand Electronic Card Retail Sales MoM

Latest Release

Dec 11, 2024

Actual

0.0%

0.7%

This release provide information on the number and value of electronic card transactions with New Zealand-based merchants. Data include transactions using debit (eftpos), credit, and charge cards. Transactions by overseas cardholders in New Zealand are included; transactions by New Zealand cardholders overseas are excluded. The figure gives hint of strength in the retail sector and influences interest rate decisions.
A reading that is stronger than forecast is generally supportive (bullish) for the NZD, while a weaker than forecast reading is generally negative (bearish) for the NZD.

Importance:

Country:

Currency: NZD

Source: Stats NZ

Release Date	Time	Actual	Previous
Jan 20, 2025 (Dec)	16:45		0.0%
Dec 11, 2024 (Nov)	16:45	0.0%	0.7%
Nov 11, 2024 (Oct)	16:45	0.6%	0.1%
Oct 13, 2024 (Sep)	16:45	0.0%	0.2%
Sep 11, 2024 (Aug)	17:45	0.2%	-0.1%
Aug 14, 2024 (Jul)	17:45	-0.1%	-0.7%

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Electronic Card Retail Sales (MoM) Discussion

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Ricardo Villarraga Apr 12, 2019 7:01PM ET

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For April 12 2019, forecast Electronic Card Retail Sales (MoM) was lower than forecast, and the results for the others NZD indexes were lower than previous. Could anyone explain the reason which if the results of NZD indexes were lower, why NZD was string bullish in regards to other currencies?

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