ONLY CHARTS #272
Composite PMI, NZ retail trade, Shipping costs
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1. Flash composite PMIs for February revealed another sharp drop for the United States, slight improvement for Japan, and little change for the UK and euro area.
2. The volume of retail trade in New Zealand rose a solid +0.9% q/q in Q4 2024, but were just 0.3% y/y higher. ‘Core’ sales rose +1.4% q/q.
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