New Zealand Electronic Retail Card Spending YoY (Dec) Y/Y -1% (Prev. 1.6%)
The decline in New Zealand's electronic retail card spending year-over-year suggests a weakening consumer sentiment, with a notable drop from last month's growth of 1.6% to -1%.
Ukraine's top negotiator Umerov says he met with US envoys Witkoff and Kushner, discussed security guarantees and post-war reconstruction
Newsquawk Daily Asia-Pac Opening News - 22nd January 2026
New Zealand Electronic Retail Card Spending YoY (Dec) Y/Y -1% (Prev. 1.6%)
Australia's Nationals Leader says coalition can no longer continue
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This negative print could indicate potential headwinds for domestic economic growth and may impact monetary policy expectations, particularly in relation to the Reserve Bank of New Zealand's stance on interest rates. Traders should consider the implications for the NZD and related assets in light of this data.
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