New Zealand construction data - the Value of building work statistics estimate the value and volume of work put in place on construction jobs in New Zealand.

Data for the lock-down impacted April to June quarter of 2020

Headline is -22.4% y/y

  • expected -30%
  • prior -5.7%

Residential building volume -19%

  • prior was fall of 6.3% in the March quarter

Commercial and other non-residential building work -27%

  • -4.3% in Q1

Says StatsNZ:

  • "Building activity in the June 2020 quarter was severely impacted by the alert level 4 lockdown, with a resumption in activity in late April under alert level 3"
New Zealand construction data - the Value of building work statistics estimate the value and volume of work put in place on construction jobs in New Zealand.

A note for the diary - the 2020 New Zealand general election will be held on 17 October.