New Zealand's core retail sales dropped by 2.5% in April

Note: This section contains information in English only.
Source: Forexpros
New Zealand's core retail sales declined by 2.5% on a seasonally adjusted basis last month as compared to a 2.3% expansion in March, reported Statistics New Zealand. Experts predicted the retail sales to increase by 0.3% last month. Following the data release, the New Zealand's Dollar depreciated against its US counterpart by 0.40% and NZD/USD traded at 0.7798.

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