New Zealand Building Consents -8.2% vs. -1.9% forecast

Category: Economic Indicators

The number of new building consents issued in New Zealand fell more-than-expected last month, official data showed on Sunday.In a report, Statistics New Zealand said that New Zealand Building Consents fell to a seasonally adjusted -8.2%, from 2.3% in the preceding month.Analysts had expected New Zealand Building Consents to fall to -1.9% l