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Reuters
Reuters
Business

New Zealand building consents fall in October

FILE PHOTO: Construction workers unload equipment at a building site for a residential apartment block in central Wellington, New Zealand, July 3, 2017. REUTERS/David Gray /File photo

WELLINGTON (Reuters) - The number of new dwelling consents approved in New Zealand fell a seasonally adjusted 1.1 percent in October compared with a 7.4 percent rise in the previous month, data from Statistics New Zealand showed on Friday.

Excluding apartments, flats, and retirement village units, the number of consents for new houses was up 7.3 percent.

Building consents were 16.4 percent higher than the same month a year ago.

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