Daily Market Updates: New Zealand retail sales fall in Q2, NZD little changed

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At close · Fri, Aug 14, 2026

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New Zealand retail sales fall in Q2, NZD little changed

New Zealand retail sales dropped 0.5% quarter over quarter in Q2, compared with a forecast for growth.

Reported · Written up by our desk · Major Pairs

New Zealand’s retail sales weakened in the second quarter, with retail sales ex inflation down 0.5% quarter over quarter against an expected rise.

On an annual basis, retail sales increased 3.3% year over year in Q2, following 4.5% growth in the prior period.

After the data release, the New Zealand dollar was little changed around 0.5973, according to Forexlive.

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Sources

ForexliveNew Zealand Q2 retail sales have slowed much worse than expected

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