Prior month revised to 6.8% from 7.8%

New Zealand building permits for the month of September came in at -1.5%. That compares unfavorably to the 6.8% gain last month (revised from 7.8%).

  • excluding apartments, flats, and retirement village units the number of consensus for new houses was up 0.9%. Lat month the gain was 0.2%
  • building consents were -7.46% versus the same month a year ago

There is little reaction in the NZDUSD after the data.

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