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Reuters
Reuters
Business

New Zealand building consents rise in December

FILE PHOTO: Residential houses are seen in Wellington, New Zealand, July 1, 2017. REUTERS/David Gray

The number of new dwelling consents approved in New Zealand rose a seasonally adjusted 4.9 percent in December compared with a 1.2 percent rise in the previous month, data from Statistics New Zealand showed on Thursday.

Excluding apartments, flats, and retirement village units, the number of consents for new houses was up 3.6 percent.

Building consents were 26.9 percent higher than the same month a year ago.

(wellington.newsroom@thomsonreuters.com; +6448027979)

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