New Zealand August Building Consents YoY: A Bullish Signal for the NZD
Statistics New Zealand released the August year-on-year building consents data on September 1, 2025. The reported figure was -3%, with no forecast provided; the previous value was also -3%.Definition: This indicator serves as a strong measure of future activity in the construction sector, as government approval for building projects is the initial step in new home construction. Market Impact: If the actual figure exceeds expectations, it tends to have a positive effect on the New Zealand dollar (NZD).This data is considered highly important. The statistic reflects the monthly change in the number of newly approved buildings and is published on a monthly basis, with the next release scheduled for the following month.
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