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New Zealand Building Consents -8.3% vs. -3.5% forecast

Published 02/27/2014, 04:45 PM
Updated 02/27/2014, 04:50 PM
Investing.com - The number of new building consents issued in New Zealand fell more-than-expected last month, official data showed on Thursday.

In a report, Statistics New Zealand said that New Zealand Building Consents fell to a seasonally adjusted -8.3%, from 7.1% in the preceding month whose figure was revised down from 7.6%.

Analysts had expected New Zealand Building Consents to fall to -3.5% last month.

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