New Zealand Building Consents Ease 0.2% In March
(RTTNews) - The total number of building permits issued in New Zealand was down a seasonally adjusted 0.2 percent on month in March, Statistics New Zealand said on Thursday - coming in at 2,931.
That followed the 15.9 percent increase in February.
Individually, permits were issued for 1,297 townhouses, flats, and units; 1,251 stand-alone houses; 224 apartments; and 159 retirement village units.
In the year ended March 2024, the actual number of new dwellings consented was 35,236, down 25 percent on year.
The annual value of non-residential building work consented was NZ$9.5 billion, down an annual 1.1 percent.
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New Zealand Building Consents Slump 1.9% In April
The total number of building permits issued in New Zealand was down a seasonally adjusted 1.9 percent on month in April, Statistics New Zealand said on Thursday - coming in at 2,926.
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New Zealand Retail Sales Rise 0.5% On Quarter In Q1
The total volume of retail sales in New Zealand was up a seasonally adjusted 0.5 percent on quarter in the first three months of 2024, Statistics New Zealand said on Thursday.
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RBNZ Holds Key Interest Rate; Delays Rate Cut Plan
New Zealand's central bank maintained its benchmark rate for the seventh consecutive session and signaled a delay in rate cuts as services inflation is receding slowly. The Monetary Policy Committee of the Reserve Bank of New Zealand, led by Governor Adrian Orr, decided to hold the Official Cash Rate at 5.50 percent.
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New Zealand Services Index Slumps In April - BusinessNZ
The services sector in New Zealand continued to contract in April, and at a faster rate, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 47.1.
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New Zealand Manufacturing Index Improves In April - BusinessNZ
The manufacturing sector in New Zealand continued to contract in April, albeit at a slower pace, the latest survey from BusinessNZ revealed on Friday with a score of 48.9.
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New Zealand Jobless Rate Rises To 4.3% In Q1
The unemployment rate in New Zealand came in at a seasonally adjusted 4.3 percent in the first quarter of 2024, Statistics New Zealand said on Wednesday.
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New Zealand Inflation Gains 0.6% On Quarter In Q1
Consumer prices in New Zealand were up a seasonally adjusted 0.6 percent on quarter in the first quarter of 2024, Statistics New Zealand said on Wednesday.
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New Zealand Services Index Slumps In March - BusinessNZ
The services sector in New Zealand fell into contraction territory in March, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 47.5.
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