New Zealand - Building consents/permits for December 2021 +0.6% m/m ( prior +0.6% also)

  • NZ data point release leaves the NZD barely moved

In the year ended December 2021, the actual number of new dwellings consented was up 24% from the December 2020 year

  • The year ended December 2020 included the COVID-19 alert level 4 lockdown period in late March and April 2020, which disrupted consent issuance across many territorial authorities.

The kiwi $ gained overnight - USD weakness nearly across the majors board:

nzd chart 04 February 2022

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