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UK March retail sales to be negatively impacted by the storms - Barclays

The Barclays Research Team brings a brief preview of what to expect from today’s UK retail sales data due on the cards at 0830 GMT.

Key Quotes:

“Barclaycard data indicate significant weakness in weather-sensitive areas such as spending at garden centers and DIY stores, signaling that March retail sales might be negatively impacted by the storms.”

NZ: CPI prints 0.5% for Q1 – TDS

Analysts at TDS note that New Zealand’s Q1 CPI was +0.5%/qtr and in annual terms came in as per RBNZ expectations at +1.1%, the bottom end of the 1%-3
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Australia: Weaker employment data for March - TDS

Analysts at TDS note that it was a weaker than expected headline print on Aussie employment for March, printing at +4.9k vs market at +20k. Key Quote
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