Satish Ranchhod, senior economist at Westpac, points out that New Zealand’s retail spending rose by 1.6% in the September quarter and was a little above our forecast for a 1.4% rise and well above the average market forecast for a 0.5% gain. Key Quotes “Today’s result supports our view that New Zealand’s economic cycle is starting to turn, with the pickup in the housing market an important boost for spending appetites.” “We expect to see retail spending levels continuing to rise over the coming year, supported by low interest rates and increases in Government spending.” “Retail price growth remains muted.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next ‘Broad trade consensus reached; differences remain on tariffs’ – Global Times FX Street 3 years Satish Ranchhod, senior economist at Westpac, points out that New Zealand's retail spending rose by 1.6% in the September quarter and was a little above our forecast for a 1.4% rise and well above the average market forecast for a 0.5% gain. Key Quotes "Today's result supports our view that New Zealand's economic cycle is starting to turn, with the pickup in the housing market an important boost for spending appetites." "We expect to see retail spending levels continuing to rise over the coming year, supported by low interest rates and increases in Government spending." "Retail price growth remains muted." Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
