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New Zealand Building Consents Fall 6.5% In April

The total number of building permits issued in New Zealand was down a seasonally adjusted 6.5 percent on month in April, Statistics New Zealand said on Tuesday – coming in at 2,168 consents.

That follows the downwardly revised 22.0 percent fall in April (originally -21.3 percent).

In the year ended April 2020, the actual number of new dwellings consented was 37,180, up 8.1 percent from the April 2019 year.

The annual value of non-residential building work consented was NZ$6.6 billion, down 13 percent from the April 2019 year.

The material has been provided by InstaForex Company – www.instaforex.com