New Zealand Building Approvals Dip 4.1% In June

The total number of building approvals in New Zealand issued in June was down a seasonally adjusted 4.1 percent on month, Statistics New Zealand said on Thursday – coming in at 2,042.

That follows the flat reading in May.

The actual value of building work consented in June was NZ$1.3 billion.

For June 2015 compared with June 2014, residential work was up NZ$53 million (6.7 percent) to NZ$832 million, while non-residential work was down NZ$37 million (7.5 percent) to NZ$454 million.

The material has been provided by InstaForex Company – www.instaforex.com

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