At 00:45 (GMT+2), New Zealand will release March retail sales data — a measure that tracks the volume of all goods sold by retailers each month, based on a sample of stores of different types and sizes. It is an important indicator of consumer spending, which has a significant impact on gross domestic product (GDP). If the indicator accelerates from 1.4% MoM and 1.5% YoY, respectively, this would provide support to the New Zealand dollar.
