New Zealand Building Consents slump
- -13.8% m/m (prior -1.7% )
- -24% y/y
Stats NZ today:
-
“The number of homes consented in the year ended June 2024 has fallen to levels last seen five years ago”
- “The lower number of working days in June 2024 contributed to the decrease in the number of homes consented in the month”
NZD/USD not a lot changed, around 0.5905
This article was written by Eamonn Sheridan at www.forexlive.com.
