New Zealand Building Permits (May 2024) -1.7% m/m (prior -1.9%)

New Zealand Building Consents for May 2024 come in at -1.7% m/m

• the prior revised to -2.1%

More here at the report from Stats NZ:

• Annual number of homes consented down 23 percent

Earlier from NZ:

• New Zealand Q2 business confidence collapses further, to -44% (prior -25%)