RSS New Zealand November building approvals +5.3% m/m, huge jump from -5.2% the prior month

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 RSS New Zealand November building approvals +5.3% m/m, huge jump from -5.2% the prior month

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New Zealand home consents for November 2024:

+5.3% m/m

  • -5.2% the prior month

+4.8% y/y

Stats NZ says that "While the number of homes consented each month has fluctuated, the trend has remained relatively steady for the last year"

***

NZD barely moving.

This article was written by Eamonn Sheridan at www.forexlive.com.
 
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