News: New Zealand retail sales rise more than expected in 2nd qtr

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    WELLINGTON, Aug 12 (Reuters) - New Zealand retail sales volumes rose a seasonally adjusted 2.3 percent in the second quarter, data from Statistics New Zealand showed on Friday, putting sales 6 percent higher on the year.

    Economists had forecast a 0.9 percent rise in quarterly sales volumes, and a 4.9 percent growth in annual sales.

    The full data is available at http://www.stats.govt.nz

 
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