New Zealand August Building Consents MoM: Bullish for NZD
On September 1, 2025, Statistics New Zealand released the monthly rate of building consents for August. The reported figure was 5.4%, with no forecast provided; the previous reading was also 5.4%.This indicator is a key measure of future activity in the construction sector, as government approval for building projects is the initial step in new home construction. A result above expectations typically has a positive impact on the New Zealand dollar.The data carries a low importance rating (level 1). It is calculated based on changes in the number of approved new buildings and is published monthly. The next release is scheduled for November 3, 2025.
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