ONLY CHARTS #218
US PMI, NZ retail trade, NZ vehicle sales, NZ import freight costs, Global steel production
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1. US exceptionalism…
2. The volume of retail trade in New Zealand fell 0.1% q/q and 2.6% y/y in Q3. ‘Core’ sales declined a steeper 0.8% q/q and 2.9% y/y.
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