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Financial News: New Zealand Building Consents Slide 3.9% In June

New Zealand Building Consents Slide 3.9% In June

07/29/2019 - 18:56:00 (RTTNews)

(RTTNews) - The total number of building permits issued in New Zealand was down a seasonally adjusted 3.9 percent on month in June, Statistics New Zealand said on Tuesday - coming in at 2,881.

That follows the upwardly revised 14.0 percent jump in May (originally 13.2 percent).

For stand-alone houses only, the seasonally adjusted number rose 2.2 percent.

On a yearly basis, new dwelling consents climbed 5.8 percent to 34,761.

The annual value of non-residential building work consented was NZ$7.4 billion, up 7.9 percent on year.

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