Building Permits s.a. (MoM)

economic

Updated: 29 Nov, 9:45 pm UTC

Deviation

-0.19999999999999973%

Consensus

2.4%

3.8%

Actual*Revised

3.6%*

Description

Source: New Zealand

The Building Permits s.a. released by the Statistics New Zealand show the number of permits for new construction projects. It is considered as a leading indicator for the housing market. The more growing number of permits, the more positive (or bullish) for the NZD, while a low reading is seen as negative, or bearish.

Historical Data

Date	Actual	Previous	Deviation	Consensus
Nov 29, 2022	3.60%	3.80%	-0.20	2.40%
Oct 31, 2022	3.80%	-1.60%	5.40	-1.20%
Sep 29, 2022	4.90%	5.00%	-0.10	2.00%
Aug 30, 2022	-2.20%	-2.30%	0.10	-
Jul 31, 2022	-2.30%	-0.50%	-1.80	-0.30%
Jun 30, 2022	-8.60%	-8.50%	-0.10	-0.60%
May 30, 2022	6.20%	5.80%	0.40	0.40%
May 2, 2022	12.20%	10.50%	1.70	-