New Zealand’s retail sales volumes rose by 0.5% qoq to NZD 25B in Q1, significantly outperforming the anticipated -0.3% qoq decline. Sales values increased by 0.7% qoq to NZD 30B. “In the March quarter, we saw a modest increase in retail activity, with growth across most industries,” said Melissa McKenzie, business financial statistics manager. “This […]

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