07.03.2019 23:45:08
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New Zealand Building Volume Climbs 2.7% In Q4
(RTTNews) - Total building volume in New Zealand was up a seasonally adjusted 2.7 percent on quarter in the fourth quarter of 2018, Statistics New Zealand said on Friday.
That exceeded expectations for an increase of 1.0 percent following the upwardly revised 0.8 percent gain in the previous three months (originally 0.7 percent).
Residential construction volume rose 1.2 percent after a 1.3 percent rise in the September 2018 quarter.
Non-residential construction volume rose 5.0 percent after a 0.2 percent rise in the September 2018 quarter.