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New Zealand Building Permits Rise 7.0% In March
(RTTNews) - The total number of building permits issued in New Zealand was up a seasonally adjusted 7.0 percent on month in March, Statistics New Zealand said on Thursday - after falling 9.4 percent in February.
In March, there were 3,970 new dwellings consented, comprising: 1,820 townhouses, flats, and units; 1,586 stand-alone houses; 327 apartments; and 237 retirement village units.
In the year ended March 2023, the actual number of new dwellings consented was 46,924, down 7.9 percent from the year ended March 2022.
The annual value of non-residential building work consented was NZ$9.6 billion, up 11 percent from the year ended March 2022.
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New Zealand Jobless Rate Climbs To 5.2% In Q2
The unemployment rate in New Zealand came in at a seasonally adjusted 5.2 percent in the second quarter of 2025, Statistics New Zealand said on Wednesday.
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New Zealand Has NZ$142 Million Trade Surplus In June
New Zealand posted a seasonally adjusted merchandise trade surplus of NZ$142 million in June, Statistics New Zealand said on Tuesday.
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New Zealand Annual Inflation Climbs 2.7% In Q2
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NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Thursday.
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New Zealand Services Index Improves In June - BusinessNZ
The services sector in New Zealand continued to contract in June, albeit at a slower pace, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 47.3.
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New Zealand Manufacturing Sector Improves In June - BusinessNZ
The manufacturing sector in New Zealand continued to contract in June, albeit at a slower rate, the latest survey from BusinessNZ revealed on Friday with a Performance of Manufacturing Index score of 48.8.
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New Zealand Holds Key Rate As Expected
The Reserve Bank of New Zealand left its benchmark interest rate unchanged on Wednesday citing elevated level of uncertainty and near-term risks to inflation. The Monetary Policy Committee, governed by Christian Hawkesby, decided to hold the Official Cash Rate at 3.25 percent. The bank has paused the easing cycle for the first time since it started cutting rates in August 2024.
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New Zealand Building Permits Jump 10%In May
The number of building permits issued in New Zealand was up a seasonally adjusted 10 percent on month in June, Statistics New Zealand said on Tuesday - coming in at 3,151.
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