New Zealand Building Permits Slump 9.0% In February
(RTTNews) - The total number of building consents issued in New Zealand was down a seasonally adjusted 9.0 percent on month in February, Statistics New Zealand said on Thursday - coming in at 2,972.
That follows the downwardly revised 5.2 percent drop in January (originally -1.5 percent).
February's figure included permits for 1,303 stand-alone houses; 1,162 townhouses, flats, and units; 331 retirement village units; and 176 apartments.
In the year ended February 2023, the actual number of new dwellings consented was 48,257, down 3.3 percent from the year ended February 2022.
The annual value of non-residential building work consented was NZ$9.6 billion, up 13 percent from the year ended February 2022.
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New Zealand Building Consents Sink 5.6% In December
The total number of building permits issued in New Zealand in December was down a seasonally adjusted 5.6 percent on month in December, Statistics New Zealand said on Tuesday - coming in at 2,478.
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New Zealand Inflation Climbs 2.2% On Year In Q4
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New Zealand Manufacturing PMI Improves To 45.9 - BusinessNZ
The manufacturing sector in New Zealand continued to contract in December, albeit at a slower pace, the latest survey from BusinessNZ revealed on Friday with a manufacturing PMI score of 45.9.
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