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2018.02.2217:00:00UTC+00New Zealand Retail Sales Jump 1.7% In Q4

The total volume of retail sales in New Zealand was up a seasonally adjusted 1.7 percent on quarter in the fourth quarter of 2017, Statistics New Zealand said on Friday.

That exceeded expectations for a gain of 1.4 percent following the 0.2 percent increase in the three months prior.

The total value of retail sales rose 1.9 percent (NZ$444 million) as 13 of the 15 retail industries had higher sales values.



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