New Zealand Building Permits for August +3.8% m/m (expected +2.3%)


NZ data, Building Permits for August beat at up 3.8% on the month  For the y/y, +42.3%, which is reflective of the slower 2020.  Highlights: Skyrocketing home prices in NZ are a political issue, this pipeline of building may go some way to alleviating the pressure. 

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