The total number of building permits issued in New Zealand was up a seasonally adjusted 9.9 percent on month in December, Statistics New Zealand said on Tuesday – coming in at 2,910.
That follows the upwardly revised 8.4 percent drop in November (originally -8.5 percent).
On a yearly basis, building permits spiked 14.0 percent to 37,538.
The annual value of non-residential building work consented was NZ$7.5 billion, up 5.2 percent from the December 2018 year.
The material has been provided by InstaForex Company – www.instaforex.com