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New Zealand Building Permits Slip 2.2% In May
(RTTNews) - The total number of building permits issued in New Zealand in May was down a seasonally adjusted 2.2 percent on month in May, Statistics New Zealand said on Monday - following the 2.6 percent drop in April.
In May, there were 3,725 new dwellings consented, including: 1,732 townhouses, flats, and units; 1,643 stand-alone houses; 225 apartments; and 125 retirement village units.
In the year ended May 2023, the actual number of new dwellings consented was 45,159, down 11 percent from the year ended May 2022.
The annual value of non-residential building work consented was NZ$9.9 billion, up 10 percent from the year ended May 2022.
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New Zealand Manufacturing PMI Accelerates In April - BusinessNZ
The manufacturing sector in New Zealand continued to expand in April, and at a faster pace, the latest survey from BusinessNZ revealed on Friday with a Performance of Manufacturing Index score of 53.9.
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1 ngày trước
New Zealand Building Consents Climb 9.6% In March
The total number of building permits issued in New Zealand was up a seasonally adjusted 9.6 percent on month in March, Statistics New Zealand said on Friday - up sharply from the 0.7 percent increase in February.
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15 ngày trước
New Zealand Trade Surplus Tops Expectations
New Zealand's trade surplus increased more than expected in March to the highest level since the coronavirus pandemic in 2020 as exports to China and the US logged double-digit growth, official data revealed on Tuesday. The trade surplus rose sharply to NZ$970 million from NZ$392 million in February, Stats NZ said. This was the highest surplus since May 2020.
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25 ngày trước
New Zealand Inflation Rises To 2.5%
New Zealand inflation accelerated for the first time in nearly three years in the first quarter but it remained well within the central bank target, official data showed on Thursday. Consumer price inflation rose to 2.5 percent in the first quarter from 2.2 percent in the preceding period, Sats NZ reported.
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30 ngày trước
Reserve Bank Of New Zealand Cuts Rate By 25 Bps, Signals Further Easing
The Reserve Bank of New Zealand reduced its benchmark rate by a quarter-point, as expected on Wednesday, and hinted at further easing as recent increases in trade tariffs pose downside risks to economic outlook. The Monetary Policy Committee, led by acting governor Christian Hawkesby, decided to cut the Official Cash Rate by 25 basis points to 3.50 percent, which was the lowest since October 2022.
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38 ngày trước
New Zealand February Trade Surplus NZ$510 Million
New Zealand posted a merchandise trade surplus of NZ$510 million in February, Statistics New Zealand said on Friday.
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57 ngày trước
New Zealand GDP Gains 0.7% In Q4
New Zealand's gross domestic product expanded a seasonally adjusted 0.7 percent on quarter in the fourth quarter of 2024, Statistics New Zealand said on Thursday.
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58 ngày trước
New Zealand Q4 Current Account Deficit NZ$5.9 Billion
New Zealand posted a seasonally adjusted current account deficit of NZ$5.9 billion in the fourth quarter of 2024, Statistics New Zealand said on Wednesday.
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59 ngày trước
