New Zealand Building Permits Jump 7.2% In September

RTTNews | hace 1
New Zealand Building Permits Jump 7.2% In September

(RTTNews) - The total number of building permits issued in New Zealand was up a seasonally adjusted 7.2 percent on month in September, Statistics New Zealand said on Monday - coming in at 3,747.

That's up from the upwardly revised 6.1 percent jump in the previous month (originally 5.8 percent).

Individually, permits were issued for 1,634 townhouses, flats, and units; 1,601 stand-alone houses; 436 apartments; and 76 retirement village units.

In the year ended September 2025, the actual number of new dwellings consented was 34,882, up 3.6 percent from a year earlier.

The annual value of non-residential building work consented was NZ$9.0 billion, down 1.9 percent from the year ended September 2024.

read more
New Zealand Annual Inflation Climbs 3.0% On Year

New Zealand Annual Inflation Climbs 3.0% On Year

Consumer prices in New Zealand were up 3.0 percent on year in the third quarter of 2025, Statistics New Zealand said on Monday - in line with expectations and up from 2.7 percent in the three months prior.
RTTNews | hace 15
New Zealand Cuts Rate By 50 Bps; Signals More Easing

New Zealand Cuts Rate By 50 Bps; Signals More Easing

The Reserve Bank of New Zealand reduced its benchmark rate at a steeper-than-expected pace on Wednesday and signaled further reductions. The Monetary Policy Committee, chaired by Christian Hawkesby, decided to cut the overnight cash rate by 50 basis points to 2.50 percent, the lowest since July 2022. The reduction was steeper than the quarter-point cut anticipated by economists.
RTTNews | hace 27
New Zealand Building Consents Climb 5.4% In July

New Zealand Building Consents Climb 5.4% In July

The total number of building permits issued in New Zealand was up a seasonally adjusted 5.4 percent on month in July, Statistics New Zealand said on Monday - coming in at 3,252.
RTTNews | hace 64