NZ electronic card retail sales +1.3% m/m

• prior -1.4%

+3.4% y/y

• prior +1.3%

Electronic cards data covers about 68% percent of core retail sales in NZ and is the main measure of monthly retail activity.

Also, Food Price Index inflation +0.1% m/m

• prior +0.6%

Earlier:

• NZ services sector holds above breakeven for second month as PMI eases to 50.6 (prior 50.9)

This article was written by Eamonn Sheridan at investinglive.com.