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Reuters
Reuters
Business

New Zealand's building work value falls in first quarter

People walk in an apartment building in central Auckland October 19, 2011. REUTERS/Stefan Wermuth

WELLINGTON (Reuters) - The seasonally adjusted value of New Zealand residential building work fell 0.8 percent in the first quarter, data from Statistics New Zealand showed on Tuesday.

The value of non-residential building work fell 7.2 percent, resulting in a 3.5 percent drop in the total value of all building work.

The full data is available at http://www.stats.govt.nz.

(Reporting by Charlotte Greenfield and Ana Nicolaci da Costa; Editing by Chris Reese)

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