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Building Permits s.a. (MoM)

The Building Permits s.a. released by the Statistics New Zealand show the number of permits for new construction projects. It is considered as a leading indicator for the housing market. The more growing number of permits, the more positive (or bullish) for the NZD, while a low reading is seen as negative, or bearish.

Most recent - Tuesday 29 August 2023 22:45

Previous
3.5%
Revised
3.4%
Forecast
0.2%
Actual
-5.2%

Lower numbers than forecast tend to be bullish for xxx/NZD pairs and bearish for NZD/xxx pairs.

Next event - Sunday 1 October 2023 21:45

Previous
-5.2%
Forecast
-
Actual
-

The typical/expected impact on NZD pairs is medium.

There is no forecast value for Building Permits s.a. (MoM) yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Building Permits s.a. (MoM) was -5.2% against a forecast of 0.2%.

Past events

Date
Forecast
Actual
Tuesday 29 August 2023 22:45
0.2%
-5.2%
Monday 31 July 2023 22:45
-
3.5%
Sunday 2 July 2023 22:45
-
-2.2%
Monday 29 May 2023 22:45
1.6%
-2.6%
Wednesday 3 May 2023 22:45
-0.3%
7%
Wednesday 29 March 2023 21:45
0.5%
-9%
Tuesday 28 February 2023 21:45
-1%
-1.5%
Wednesday 1 February 2023 21:45
-0.1%
-7.2%
Wednesday 11 January 2023 21:45
-0.1%
7%
Tuesday 29 November 2022 21:45
2.4%
-10.7%
Monday 31 October 2022 21:45
-1.2%
3.8%
Thursday 29 September 2022 22:45
2%
-1.6%
Tuesday 30 August 2022 22:45
-
5%
Sunday 31 July 2022 22:45
-0.3%
-2.3%
Thursday 30 June 2022 22:45
-0.6%
-0.5%
Monday 30 May 2022 22:45
0.4%
-8.5%
Monday 2 May 2022 22:45
-
5.8%
Tuesday 29 March 2022 21:45
-
10.5%
Tuesday 1 March 2022 21:45
0.5%
-9.2%
Thursday 3 February 2022 21:45
-
0.6%
Wednesday 12 January 2022 21:45
-
0.6%
Tuesday 30 November 2021 21:45
-
-2%
Monday 1 November 2021 21:45
-
-1.9%
Wednesday 29 September 2021 21:45
2.3%
3.8%
Monday 30 August 2021 22:45
-
2.1%
Thursday 29 July 2021 22:45
-
3.8%
Wednesday 30 June 2021 22:45
-
-2.8%
Monday 31 May 2021 22:45
-
4.8%
Wednesday 5 May 2021 22:45
-
17.9%
Monday 29 March 2021 21:45
-
-18.2%
Tuesday 2 March 2021 21:45
-
2.1%
Wednesday 3 February 2021 21:45
1.9%
4.9%
Wednesday 13 January 2021 21:45
-
1.2%
Wednesday 2 December 2020 21:45
-
8.8%
Sunday 1 November 2020 21:45
-
3.6%
Tuesday 29 September 2020 21:45
-1.4%
0.3%

Economic context

Recent economic data has been moderately bearish for NZD. Other recent announcements which may affect the market's interpretation of the next Building Permits s.a. (MoM) result:

PreviousLatest
ExportsBearish change$5.38B$4.99B
ImportsBullish change$6.55B$7.28B
Trade Balance NZD (YoY)Bullish change$-15.88B$-15.54B
Westpac Consumer SurveyBearish change83.180.2
Gross Domestic Product (QoQ)Bullish change0%0.9%
Gross Domestic Product (YoY)Bearish change2.2%1.8%
Business NZ PSIBearish change4847.1
Business NZ PMIBearish change46.646.1

About Building Permits s.a. (MoM)

Country:New Zealand
Currency:NZD
Source:Stats NZ
Category:Housing Market
Frequency:Monthly
 
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