New Zealand retail sales grew more than expected as people bought more at supermarkets and spent more on petrol in the final quarter of 2011.
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The total volume of spending rose 2.2 per cent to a seasonally adjusted $17.37 billion in the three months ended December 31, according to Statistics New Zealand. That’s more than the 0.8 per cent pace forecast in a Reuters survey of economists. New Zealand Herald – Read More.
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