26.02.2015 23:15:23

New Zealand Building Permits Fall 3.8% In January

(RTTNews) - The total number of building permits issued in New Zealand was down a seasonally adjusted 3.8 percent on month in January, Statistics New Zealand said on Friday, standing at 1,703.

That follows the downwardly revised 2.3 percent decline in December (originally -2.1 percent).

Excluding apartments, building permits were down 7.5 percent.

On a yearly basis, building permits were 3.6 percent higher - although excluding apartments, they were down 6.8 percent.