New Zealand Building Permits Sink 5.2% In October

RTTNews | 261 dni temu
New Zealand Building Permits Sink 5.2% In October

(RTTNews) - 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.

That follows the 2.4 percent increase in September.

Individually, permits were issued for 1,363 stand-alone houses; 1,174 townhouses, flats, and units; 183 apartments; and 130 retirement village units.

In the year ended October 2024, the actual number of new dwellings consented was 33,467, down 16 percent on year.

The annual value of non-residential building work consented was NZ$9.3 billion, down 3.5 percent from the year ended October 2023.

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New Zealand Annual Inflation Climbs 2.7% In Q2

New Zealand Annual Inflation Climbs 2.7% In Q2

Consumer prices in New Zealand were up 2.7 percent on year in the second quarter of 2025, Statistics New Zealand said on Monday - up from 2.5 percent in the three months prior but shy of expectations for 2.8 percent.
RTTNews | 29 dni temu