New Zealand’s Retail Sales unexpectedly jumped 8.3% in Q3, NZD/USD bounces

New Zealand’s (NZ) consumption, as represented by retail spending, unexpectedly jumped in the third quarter.

The NZ Retail Sales rebounded 8.3% in Q0Q Q3 vs. -15.9% expected and -14.6% booked in the previous quarter.

more to come ....