欧元/纽币 (EURNZD) 加自选

第一印象：新西兰零售业——可自由支配支出继续攀升。新西兰零售支出在第四季度再次意外上升，可自由支配支出的增长支撑了0.9%的季度增长。我们预计，较低的利率将支持2026年的进一步增长。

First Impressions: NZ Retail Trade – Discretionary Spending Continuing to Climb.NZ retail spending surprised to the upside again in Q4, with gains in discretionary spending underpinning a 0.9%qtr rise. We expect lower interest rates will support further gains over 2026.

新西兰第四季度零售额环比增长0.9%，而预期为0.6%。新西兰第四季度零售额环比增长0.9%，而预期为0.6%

New Zealand's Retail Sales climb 0.9% QoQ in Q4 vs. 0.6% expected.New Zealand's Retail Sales climb 0.9% QoQ in Q4 vs. 0.6% expected

新西兰汽车零售额（季度环比）：1.5%（第4季度）对1.2%。新西兰汽车零售额（季度环比）：1.5%（第4季度）对1.2%

New Zealand Retail Sales ex Autos (QoQ): 1.5% (4Q) vs 1.2%.New Zealand Retail Sales ex Autos (QoQ): 1.5% (4Q) vs 1.2%

第4季度新西兰零售额（QoQ）高于预测（0.6%）：实际（0.9%）。第4季度新西兰零售额（QoQ）高于预测（0.6%）：实际（0.9%）

New Zealand Retail Sales (QoQ) above forecasts (0.6%) in 4Q: Actual (0.9%).New Zealand Retail Sales (QoQ) above forecasts (0.6%) in 4Q: Actual (0.9%)