02.03.2017 22:59:47

New Zealand Building Activity Jumps 1.9%

(RTTNews) - The volume of all building activity in New Zealand climbed a seasonally adjusted 1.9 percent on quarter in the fourth quarter of 2016, Statistics New Zealand said on Friday.

That topped forecasts for an increase of 1.5 percent and was up from 1.4 percent in the previous three months.

Residential building activity was up 1.1 percent, while non-residential building activity advanced 3.0 percent.