Building consents down 2.3% m/m in September
- Follows up 10.2% m/m in August
Up 3% y/y ( increase driven by townhouses and apartments, slight falls for retirement village units and houses)
As I mentioned in the ‘preview’ this is a volatile data set … glad the result didn’t make a liar out me!
NZD a wee dip (few pints) but not too much in it. Back to NZ politics I guess!