MacroAug 16, 2026, 10:52 PM

New Zealand food prices edge up, card retail sales rise in July

New Zealand's food price inflation index rose 0.1% in July from the previous month, while seasonally adjusted electronic card retail sales increased 1.3% month-on-month.

NZDUSD

New Zealand's food price inflation index rose 0.1% in July from the previous month, according to Stats NZ.

Seasonally adjusted electronic card retail sales rose 1.3% in July from the prior month. Actual sales were up 3.4% from a year earlier.

The data point to a modest monthly increase in food prices and firmer retail spending compared with the previous month.

Source: First Squawk

21hMacroAI token spending growth slows to 0.2% in September, lowest since November 2025Monthly AI token spending rose just 0.2% in September, the weakest pace since November 2025, as lower model prices and efficiency gains cut the average cost per million tokens.
1dMacroBorn2trade CEO: “Everything is about gold now. Gold traders dictate industry standards and features”Konstantin Rashap, CEO of Born2trade, says 70-90% of retail clients now trade gold, forcing brokers to compete on overnight swap costs, leverage and loyalty incentives rather than spreads alone.
1dMacroJapan Economy Minister Kiuchi Urges BOJ to Follow Joint StatementJapan’s economy minister Kiuchi said he hopes the Bank of Japan will guide policy appropriately based on its joint statement with the government, which calls for stable and sustainable price stability.
1dMacroJapan Economy Minister: Conditions Not Met to Declare End of DeflationEconomy Minister Kiuchi says the government will weigh CPI, the GDP deflator and underlying inflation trends before any official end to deflation, and he currently does not see the conditions as met.
1dMacroUS Officials See Possible Short, Intense Iran Conflict, CNN SaysCNN says U.S. officials assess that renewed conflict with Iran would be short-term but intense, with strike plans prepared in coordination with Israel.

Related