Global Economic News

New Zealand Retail Sales Rise 0.6% In October

Overall retail sales in New Zealand were up a seasonally adjusted 0.6 percent on month in October, Statistics New Zealand said on Wednesday.

That followed the 2.1 percent jump in September.

Retail credit card spending also advanced 0.6 percent on month, beating expectations for a gain of 0.4 percent after jumping 1.9 percent in the previous month.

Spending in the core retail industries were up 0.3 percent.

by RTTNews Staff Writer

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