Back up again this month, its a lumpy data series this one
The y/y data helps to smooth it somewhat, for December +14.4% y/y
---
Just for the LOLZ, this from Stats NZ also:
- About three times the value of building work for prisons was consented in the December 2019 year ($229 million) than in 2018 ($75 million)
- "The jump in value of building consents for prisons reflects investments signalled by the Department of Corrections for work across New Zealand," construction statistics manager Melissa McKenzie said.
Maybe they are expecting an influx of visitors from Australia? (OK, OK - I'll see myself to the naughty corner)
