The economy of New Zealand released today data on both the retail sales and retail sales excluding auto during the month of October , where the actual reading of the retail sales came out at -2.5% compared to the previous reading of 1.6% revised to 1.2%, where as expectations where referring to -0.8%.

As for the retail sales excluding auto the actual reading came out at -1.6% compared to the previous reading of 1.6% compared to the previous reading of 1.6% revised to 1.7%, where as forecasts where referring to a value of -1.0%.