New Zealand Building Permits Slip 2.3% In June
(RTTNews) - The total number of building permits issued in New Zealand was down a seasonally adjusted 2.3 percent on month in June, Statistics New Zealand said on Monday - coming in at 4,037.
That follows the 0.5 percent monthly decline in May.
On a yearly basis, the number of new dwellings consented was 50,736, up 14 percent from the year ended June 2021.
The annual value of non-residential building work consented was $9.0 billion, up 16 percent from the year ended June 2021.
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New Zealand Has NZ$437 Million Trade Shortfall In November
New Zealand posted a merchandise trade deficit of NZ$437 million in November, Statistics New Zealand said on Friday.
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New Zealand GDP Falls 1.0% In Q3
New Zealand's gross domestic product contracted a seasonally adjusted 1.0 percent on quarter in the third quarter of 2024, Statistics New Zealand said on Thursday.
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New Zealand Has NZ$6.2 Billion Current Account Deficit In Q3
New Zealand posted a seasonally adjusted current account deficit of NZ$6.2 billion in the third quarter of 2024, Statistics New Zealand said on Wednesday.
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New Zealand Terms Of Trade Climbs 2.4% In Q3
The terms of trade in New Zealand rose a seasonally adjusted 2.4 percent on quarter in the third quarter of 2024, Statistics New Zealand said on Tuesday.
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New Zealand Building Permits Sink 5.2% In October
The total number of building permits issued in New Zealand was down a seasonally adjusted 5.2 percent on month in October, Statistics New Zealand said on Monday - coming in at 2,850.
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New Zealand Slashes Key Interest Rate By 50 Bps
The Reserve Bank of New Zealand reduced its benchmark interest rate by 50 basis points on Wednesday, as inflation moved close to the midpoint of the target range and economic output remains below its potential. The Monetary Policy Committee governed by Adrian Orr decided to reduce the Official Cash Rate to 4.25 percent from 4.75 percent.
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New Zealand Retail Sales Dip 0.1% On Quarter In Q3
The total volume of retail sales in New Zealand was down a seasonally adjusted 0.1 percent on quarter in the third quarter of 2024, Statistics New Zealand said on Monday - coming in at NZ$24 billion.
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New Zealand Has NZ$1.544 Billion Trade Shortfall In October
New Zealand posted a merchandise trade deficit of NZ$1.544 billion in October, Statistics New Zealand said on Monday.
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