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flag New Zealand's retail sales rose 0.5% in Q2, exceeding forecasts despite looming unemployment.

flag New Zealand's retail sales grew by 0.5% in the second quarter of 2025, exceeding expectations. flag Sales increased across most industries, with electronics, supermarkets, and pharmaceuticals seeing significant growth. flag Despite this improvement, the retail sector still faces challenges like rising unemployment, which is expected to reach 5.3% by year-end. flag The central bank's recent interest rate cuts may further boost spending.

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