New Zealand January building permits +2.6% m/m (Prior -5.6%)

New Zealand Building Consents for January 2025 +2.6%

• prior -5.6%

For the y/y -7.2%.

NZD/USD is being moved around by global developments (Trump's scatty announcements) more so than local data.

NZD/USD is circa 0.5618.