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Financial News: New Zealand Building Consents Fall 1.3% In July

New Zealand Building Consents Fall 1.3% In July

08/29/2019 - 19:20:00 (RTTNews)

(RTTNews) - The total number of building permits issued in New Zealand was down a seasonally adjusted 1.3 percent on month in July, Statistics New Zealand said on Friday - coming in at 3,420.

That follows the downwardly revised 4.0 percent drop in June (originally -3.9 percent).

In the year ended July 2019, the actual number of new dwellings consented was 35,472, up 8.0 percent on year, the data showed.

The annual value of non-residential building work consented was NZ$7.6 billion, up an annual 11 percent.

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