The total number of building permits issued in New Zealand increased in January, after falling in the previous two months, figures from Statistics New Zealand showed Monday.
The number of new dwellings consented rose a seasonally adjusted 0.8 percent month-over-month in January, reversing a 7.9 percent decline in December.
Including alterations, the value of building work consented in January was $1.1 billion, comprising $748 million of residential work and $338 million of non-residential work.
In the year ended January 2017, 30,123 new dwellings were consented, up 11 percent from the January 2016 year.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.