Financial News: New Zealand Building Permits Sink 5.2% In October

New Zealand Building Permits Sink 5.2% In October

12/01/2024 - 17:28:00 (RTTNews)

(RTTNews) - The total number of building permits issued in New Zealand was down a seasonally adjusted 5.2 percent on month in October, Statistics New Zealand said on Monday - coming in at 2,850.

That follows the 2.4 percent increase in September.

Individually, permits were issued for 1,363 stand-alone houses; 1,174 townhouses, flats, and units; 183 apartments; and 130 retirement village units.

In the year ended October 2024, the actual number of new dwellings consented was 33,467, down 16 percent on year.

The annual value of non-residential building work consented was NZ$9.3 billion, down 3.5 percent from the year ended October 2023.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Australia Manufacturing PMI Improves To 49.8 In January - S&P Global (01 hr(s), 29 min(s), 28 sec(s) ago)
(RTTNews) - The manufacturing sector in Australia continued to contract in January, albeit at a sl ...Full Story»

Japan Rate Decision On Tap For Friday (01 hr(s), 49 min(s), 28 sec(s) ago)
(RTTNews) - The Bank of Japan will wrap up its monetary policy meeting on Friday and then announce ...Full Story»

Treasury Announces Details Of Two-Year, Five-Year & Seven-Year Note Auctions (05 hr(s), 39 min(s), 28 sec(s) ago)
(RTTNews) - The Treasury Department on Thursday announced the details of this month's auctions ...Full Story»

U.S. Crude Oil Inventories Dip Less Than Expected (05 hr(s), 48 min(s), 28 sec(s) ago)
(RTTNews) - Crude oil inventories in the U.S. decreased by less than expected in the week ended Ja ...Full Story»

Eurozone Consumer Confidence Improves In January (08 hr(s), 40 min(s), 28 sec(s) ago)
(RTTNews) - Euro area consumer confidence grew for the first time in three months in January, but ...Full Story»

U.S. Weekly Jobless Claims Extend Rebound (09 hr(s), 46 min(s), 28 sec(s) ago)
(RTTNews) - After reporting a rebound by first-time claims for U.S. unemployment benefits in the p ...Full Story»

U.S. Weekly Jobless Claims Inch Up More Than Expected (10 hr(s), 39 min(s), 28 sec(s) ago)
(RTTNews) - After reporting a rebound by first-time claims for U.S. unemployment benefits in the p ...Full Story»

UK Manufacturers Expect Output To Fall Further: CBI (11 hr(s), 32 min(s), 28 sec(s) ago)
(RTTNews) - UK manufacturers expect output to decline further in the coming three months, the late ...Full Story»