At 23:45 (GMT+2) in New Zealand, Q3 data on retail sales will be published. The indicator records the monthly volume of all goods sold by retailers, based on a sample of retail stores of different types and sizes. It is an important indicator of consumer spending and has a significant impact on gross domestic product (GDP). The index is expected to correct from –1.0% to –0.8%, and the core value from –1.8% to –1.5%, putting pressure on the New Zealand dollar.
