Financial News: New Zealand Building Permits Sink 5.3% In August

New Zealand Building Permits Sink 5.3% In August

09/30/2024 - 18:16:00 (RTTNews)

(RTTNews) - The total number of building permits issued in New Zealand was down a seasonally adjusted 5.3 percent on month in August, Statistics New Zealand said on Tuesday - coming in at 2,881 consents.

That follows the 26.4 percent spike in July.

Individually, permits were issued for 1,422 stand-alone houses; 1,137 townhouses, flats, and units; 275 retirement village units; and 47 apartments.

On a yearly basis, permits were down 20 percent at 33,632.

In the year ended August 2024, non-residential building consents totaled NZ$9.1 billion, down 7.9 percent on year.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Producer Prices Unexpectedly Flat In September, Annual Growth Slows Modestly (24 min(s), 26 sec(s) ago)
(RTTNews) - With a decrease in prices for goods offsetting an increase in prices for services, the ...Full Story»

U.S. Producer Prices Unexpectedly Unchanged In September (02 hr(s), 09 min(s), 26 sec(s) ago)
(RTTNews) - With a decrease in prices for goods offsetting an increase in prices for services, the ...Full Story»

India Industrial Output Shrinks 0.1% In August (02 hr(s), 12 min(s), 26 sec(s) ago)
(RTTNews) - India's industrial production declined slightly in August, largely led by weaker m ...Full Story»

Turkey Retail Sales Growth Strongest In 5 Months (05 hr(s), 06 min(s), 26 sec(s) ago)
(RTTNews) - Turkey's retail sales increased at the quickest pace in five months in August, the ...Full Story»

Romania Inflation Eases To 4.6%, Lowest In Over 3 Years (06 hr(s), 0 min(s),26 sec(s) ago)
(RTTNews) - Romania's consumer price inflation moderated further in September to the lowest le ...Full Story»

UK Economy Returns To Growth (06 hr(s), 21 min(s), 26 sec(s) ago)
(RTTNews) - The UK economy returned to growth in August but the pace of expansion was weaker than ...Full Story»

Swiss Consumers Less Pessimistic In September (06 hr(s), 43 min(s), 26 sec(s) ago)
(RTTNews) - Confidence among Swiss consumers remained less negative in August, survey results from ...Full Story»

Dutch Exports Fall 2.1% In August (07 hr(s), 02 min(s), 26 sec(s) ago)
(RTTNews) - Exports in the Netherlands decreased in August after recovering in the previous month, ...Full Story»