Latest data released by the Ministry of Land, Infrastructure, Transport and Tourism - 29 June 2018
- Prior +0.3%
- Annualised housing starts 0.996m vs 0.930m expected
- Prior 0.992m
- Construction orders -18.7% vs +4.0% y/y prior
Better-than-expected figures for housing data, but the dip in construction orders isn't one that is too optimistic. Not really something that will help to spur industrial activity in the coming months.
