14.12.2016 23:21:12

New Zealand Q3 Building Activity Value Gains 1.4%

(RTTNews) - The value of all building activity in New Zealand was up a seasonally adjusted 1.4 percent on quarter in the third quarter of 2016, Statistics New Zealand said on Thursday.

That was shy of forecasts for an increase of 2.1 percent and down from 5.5 percent in the three months prior.

Individually, residential building activity was 2.4 percent on quarter, while non-residential building activity was unchanged.