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flag New Zealand's retail sales grew 0.8% in Q1, but outlook is cloudy due to budget concerns.

flag New Zealand's retail sector saw a 0.8% growth in the first quarter of 2025, driven by motor vehicle and pharmaceutical retailing. flag Retail NZ, however, is not optimistic about the impact of the national budget on consumer spending. flag The government plans to spend an additional NZ$1.1 billion on law and order. flag Meanwhile, Japan and Singapore are set to release their April inflation data.

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