New Zealand Building Consents index up 7.1% in May

Market news

29 June 2018

New Zealand Building Consents index up 7.1% in May

In May 2018, 3,407 new dwellings were consented - the highest monthly number since 3,447 in June 2004.

The 1,530 new dwellings consented in Auckland is the highest monthly number since 1,945 were consented in October 2002.

The seasonally adjusted number of new dwellings rose 7.1 percent, following a 3.6 percent fall in April, and 13 percent rise in March. For houses only, the seasonally adjusted number rose 6.5 percent.

French CPI rose 0.1% in June, as expected - Insee

France: Consumer spending , May 0.9% (forecast 0.8%)

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