Saturday , 23 November 2024
Home Forex New Zealand Building Permits (June 2024) -13.8% m/m (prior -1.7% )
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New Zealand Building Permits (June 2024) -13.8% m/m (prior -1.7% )

New Zealand Building Consents slump

  • -13.8% m/m (prior -1.7% )
  • -24% y/y

Stats NZ today:

  • “The number of homes consented in the year ended June 2024 has fallen to levels last seen five years ago”

  • “The lower number of working days in June 2024 contributed to the decrease in the number of homes consented in the month”

NZD/USD not a lot changed, around 0.5905

This article was written by Eamonn Sheridan at www.forexlive.com.

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