
At 00:45 (GMT+2), Q1 New Zealand retail sales data is due, a monthly metric that records all goods retailers sold based on a sample of different types and sizes of stores. It is an important indicator of consumer spending and has a significant impact on gross domestic product (GDP). It may correct from –1.9% to –0.3% in the first quarter, and the core value from –1.7% to 0.0%, supporting the New Zealand dollar.

